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Molina (MOH) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended March 2026, Molina (MOH - Free Report) reported revenue of $10.8 billion, down 3.2% over the same period last year. EPS came in at $2.35, compared to $6.08 in the year-ago quarter.

The reported revenue represents a surprise of -0.16% over the Zacks Consensus Estimate of $10.81 billion. With the consensus EPS estimate being $1.57, the EPS surprise was +49.3%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Molina performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • MCR - Total: 91.1% versus 91.5% estimated by three analysts on average.
  • MCR - Medicaid: 92% versus the three-analyst average estimate of 92.3%.
  • MCR - Medicare: 89.8% versus the three-analyst average estimate of 90.7%.
  • Ending Membership by Program - Marketplaces: 305 thousand compared to the 280.01 thousand average estimate based on three analysts.
  • Ending Membership by Program - Total: 5.03 million compared to the 5.1 million average estimate based on three analysts.
  • Revenue- Premium revenue- Medicare: $1.52 billion compared to the $1.55 billion average estimate based on three analysts. The reported number represents a change of +3.3% year over year.
  • Revenue- Premium tax revenue: $504 million compared to the $406.62 million average estimate based on three analysts. The reported number represents a change of +29.9% year over year.
  • Revenue- Premium revenue: $10.17 billion compared to the $10.19 billion average estimate based on three analysts. The reported number represents a change of -4.3% year over year.
  • Revenue- Premium revenue- Marketplace: $724 million compared to the $569.45 million average estimate based on three analysts. The reported number represents a change of -27.9% year over year.
  • Revenue- Premium revenue- Medicaid: $7.93 billion versus $8.05 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -2.5% change.
  • Revenue- Investment income: $98 million versus $100.84 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -9.3% change.
  • Revenue- Other revenue: $22 million versus $24.6 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -4.4% change.

View all Key Company Metrics for Molina here>>>

Shares of Molina have returned +6.5% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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