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Magellan Health Inc (MGLN.OQ)

MGLN.OQ on NASDAQ Stock Exchange Global Select Market

102.05USD
22 Jan 2018
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$102.10
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$64.05

Latest Key Developments (Source: Significant Developments)

Magellan Health Sees FY18 Adj Earnings Per Share Between $5.68 - $6.47
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Magellan Health Inc ::MAGELLAN HEALTH ANNOUNCES FULL YEAR 2018 GUIDANCE.MAGELLAN HEALTH INC - SEES FY 2018 NET REVENUE $7,500.0 MILLION - $7,800.0 MILLION.MAGELLAN HEALTH INC SEES FULL YEAR 2018 ADJUSTED EARNINGS PER SHARE IN RANGE $5.68 - $6.47.MAGELLAN HEALTH INC - AFFIRMING ITS 2017 FULL YEAR GUIDANCE.MAGELLAN HEALTH INC SEES SEGMENT PROFIT FOR FULL YEAR 2018 IS EXPECTED TO BE IN RANGE OF $414 TO $436 MILLION.MAGELLAN HEALTH INC - SEES FULL YEAR 2018 EARNINGS PER SHARE IN RANGE OF $4.52 TO $5.48.  Full Article

Magellan Health reports qtrly earnings per share $1.32
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Magellan Health Inc :Magellan Health reports third quarter 2017 financial results.Q3 revenue $1.4 billion versus I/B/E/S view $1.49 billion.Sees FY 2017 adjusted earnings per share $5.45 to $5.86.Sees FY 2017 earnings per share $4.10 to $4.51.Qtrly earnings per share $1.32​.Qtrly adjusted earnings per share $1.64.Q3 earnings per share view $1.40 -- Thomson Reuters I/B/E/S.‍Estimates FY17 revenue in range of $5.75 billion to $5.85 billion​.FY2017 earnings per share view $5.13, revenue view $5.80 billion -- Thomson Reuters I/B/E/S.  Full Article

Magellan Health Inc receives regulatory approvals to acquire Senior Whole Health
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Magellan Health Inc :Magellan Health Inc receives regulatory approvals to acquire Senior Whole Health.Magellan Health Inc - ‍Magellan now expects closing of agreement to acquire Senior Whole Health on or before December 31, 2017.​.  Full Article

Magellan Health Q2 adjusted EPS $0.58
Friday, 29 Jul 2016 

Magellan Health Inc : Revising 2016 guidance for cash flow from operations to a range of $104 million to $135 million, due to acquisition of afsc . Magellan health reports second quarter 2016 financial results . Q2 earnings per share $0.16 . Q2 revenue $1.16 billion versus I/B/E/S view $1.15 billion . Q2 earnings per share view $0.62 -- Thomson Reuters I/B/E/S . Sees 2016 adjusted earnings per share $3.45 to $4.22 . Sees 2016 earnings per share $1.99 to $2.77 . Now expect fy 2016 revenue to be in range of $4.76 to $5.00 billion . "compared to first half of 2016, we expect second half of year to produce stronger segment profit" .Fy2016 earnings per share view $2.84, revenue view $4.72 billion -- Thomson Reuters I/B/E/S.  Full Article

Magellan Health Inc enters into share purchase agreement with Armed Forces Services Corp
Monday, 16 May 2016 

Magellan Health Inc : Entered into a share purchase agreement with armed forces services corporation . Deal for cash purchase price at closing equal to $117.5 million, subject to adjustment - SEC filing . Deal includes potential contingent payments up to a maximum aggregate amount of $10.0 million payable after closing of transaction . Certain "key" members of AFSC's management will reinvest a portion of their proceeds in Magellan restricted common stock .Agreement provides for co, unit's purchase from Armed Forces Services Corp of all of outstanding equity interests in AFSC.  Full Article