Edition:
India

Molina Healthcare Inc (MOH.N)

MOH.N on New York Stock Exchange

134.15USD
1:32am IST
Change (% chg)

$0.14 (+0.10%)
Prev Close
$134.01
Open
$134.29
Day's High
$135.39
Day's Low
$133.96
Volume
130,321
Avg. Vol
236,572
52-wk High
$135.39
52-wk Low
$56.70

Latest Key Developments (Source: Significant Developments)

Molina Healthcare Reports Q2 Earnings Per Share $3.02
Wednesday, 1 Aug 2018 

July 31 (Reuters) - Molina Healthcare Inc ::MOLINA HEALTHCARE ANNOUNCES SECOND QUARTER 2018 RESULTS AND INCREASES FISCAL YEAR 2018 GUIDANCE.Q2 GAAP EARNINGS PER SHARE $3.02.Q2 EARNINGS PER SHARE VIEW $1.08 -- THOMSON REUTERS I/B/E/S.MOLINA HEALTHCARE - PREMIUM REVENUE INCREASES $191 MILLION, OR 4.4%, IN Q2 COMPARED WITH Q1.MOLINA HEALTHCARE - 2018 GUIDANCE INCREASES BY $3.00 PER DILUTED SHARE AT MIDPOINT TO A RANGE OF $7.15 - $7.35 NET INCOME/DILUTED SHARE ON GAAP BASIS.MOLINA HEALTHCARE - 2018 GUIDANCE INCLUDES NET BENEFIT OF $0.96 PER DILUTED SHARE FOR NON-RUN RATE ITEMS RECORDED IN H1.QTRLY MEDICAID MEDICAL CARE RATIO DECREASED TO 89.8%, FROM 90.8% IN Q1.MOLINA HEALTHCARE - SEES 2018 TOTAL REVENUE ABOUT $18.8 BILLION.MOLINA HEALTHCARE - SEES 2018 ADJUSTED EARNINGS PER SHARE $7.39 - $7.59.FY2018 EARNINGS PER SHARE VIEW $4.65, REVENUE VIEW $18.73 BILLION -- THOMSON REUTERS I/B/E/S.MOLINA HEALTHCARE - SEES 2018 PREMIUM REVENUE ABOUT $17.5 BILLION.QTRLY TOTAL REVENUE $4,883 MILLION VERSUS $4,999 MILLION.Q2 REVENUE VIEW $4.67 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Molina Healthcare Announces Notice Of Redemption Of 1.625 Pct Convertible Senior Notes
Thursday, 12 Jul 2018 

July 11 (Reuters) - Molina Healthcare Inc ::MOLINA HEALTHCARE ANNOUNCES NOTICE OF REDEMPTION OF 1.625% CONVERTIBLE SENIOR NOTES.MOLINA HEALTHCARE INC - EXPECTS TO FUND REDEMPTION AND CONVERSION CASH PAYMENTS THROUGH EXISTING UNRESTRICTED CASH.  Full Article

Molina Healthcare Of Puerto Rico Awarded Contract For Island-Wide Medicaid Managed Care Program
Monday, 9 Jul 2018 

July 9 (Reuters) - Molina Healthcare Inc ::MOLINA HEALTHCARE OF PUERTO RICO AWARDED CONTRACT FOR ISLAND-WIDE MEDICAID MANAGED CARE PROGRAM.MOLINA HEALTHCARE INC - SERVICES UNDER NEW CONTRACT, CURRENTLY EXPECTED TO BEGIN ON NOVEMBER 1, 2018.MOLINA HEALTHCARE INC - BASE CONTRACT FOR COMMONWEALTH'S NEW MEDICAID MANAGED CARE CONTRACT RUNS FOR PERIOD OF 3-YRS WITH OPTIONAL 1-YEAR EXTENSION.  Full Article

Molina To Sell Medicaid Management Systems Business To DXC
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Molina Healthcare Inc ::PRESS RELEASE - MOLINA HEALTHCARE REACHES AGREEMENT WITH DXC TECHNOLOGY TO SELL MEDICAID MANAGEMENT INFORMATION SYSTEMS BUSINESS.MOLINA HEALTHCARE REACHES AGREEMENT WITH DXC TECHNOLOGY TO SELL MEDICAID MANAGEMENT INFORMATION SYSTEMS BUSINESS.MOLINA HEALTHCARE INC - NET PURCHASE PRICE FOR EQUITY INTERESTS OF MMS IS ESTIMATED TO BE ABOUT $220 MILLION AFTER CERTAIN ADJUSTMENTS.MOLINA HEALTHCARE INC - HAS ENTERED INTO A DEFINITIVE AGREEMENT TO SELL ITS WHOLLY OWNED SUBSIDIARY, MOLINA MEDICAID SOLUTIONS TO DXC TECHNOLOGY.  Full Article

Molina Healthcare Reports Q1 Adj Shr $1.71
Monday, 30 Apr 2018 

April 30 (Reuters) - Molina Healthcare Inc ::MOLINA HEALTHCARE ANNOUNCES FIRST QUARTER 2018 RESULTS AND INCREASES FISCAL YEAR 2018 GUIDANCE.Q1 ADJUSTED EARNINGS PER SHARE $1.71.Q1 EARNINGS PER SHARE $1.64.Q1 EARNINGS PER SHARE VIEW $0.77 -- THOMSON REUTERS I/B/E/S.2018 GUIDANCE INCREASED BY $1.00 PER DILUTED SHARE TO A RANGE OF $4.00-$4.50 NET INCOME PER DILUTED SHARE.SEES 2018 ADJUSTED NET INCOME PER DILUTED SHARE $4.24-$4.74.FY EARNINGS PER SHARE VIEW $4.43 -- THOMSON REUTERS I/B/E/S.  Full Article

Molina Healthcare Q1 Earnings Per Share $1.64
Monday, 30 Apr 2018 

April 30 (Reuters) - Molina Healthcare Inc ::MOLINA HEALTHCARE ANNOUNCES FIRST QUARTER 2018 RESULTS AND INCREASES FISCAL YEAR 2018 GUIDANCE.Q1 EARNINGS PER SHARE $1.64.Q1 EARNINGS PER SHARE VIEW $0.77 -- THOMSON REUTERS I/B/E/S.Q1 ADJUSTED EARNINGS PER SHARE $4.74.2018 GUIDANCE INCREASED BY $1.00 PER DILUTED SHARE TO A RANGE OF $4.00-$4.50 NET INCOME PER DILUTED SHARE.MOLINA HEALTHCARE - SEES 2018 ADJUSTED NET INCOME PER DILUTED SHARE $4.24-$4.74.FY EARNINGS PER SHARE VIEW $4.43 -- THOMSON REUTERS I/B/E/S.  Full Article

Molina Healthcare Says New Mexico Human Services Department Notified Co's New Mexico Health Plan That It Was Not Selected For Tentative Award Of Contract
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Molina Healthcare Inc ::MOLINA HEALTHCARE - NEW MEXICO HUMAN SERVICES DEPARTMENT NOTIFIED CO'S NEW MEXICO HEALTH PLAN THAT IT WAS NOT SELECTED FOR TENTATIVE AWARD OF CONTRACT.MOLINA HEALTHCARE - TENTATIVE AWARD DOES NOT AFFECT NEW MEXICO PLAN'S CURRENT CONTRACT WITH NEW MEXICO HSD, WHICH RUNS TO DEC 31, 2018.MOLINA HEALTHCARE- MEDICAID PREMIUM REVENUE OF NEW MEXICO PLAN, UNDER CENTENNIAL CARE CONTRACT, AMOUNTED $893MLN FOR 9 MONTHS ENDED SEPT 30, 2017.MOLINA HEALTHCARE SAYS FOR FISCAL YEAR 2017, CO EXPECTS THAT NEW MEXICO HEALTH PLAN WILL NOT BE PROFITABLE.  Full Article

Molina Healthcare - On Dec 4 Co Entered Commitment Letter With Suntrust Bank And SunTrust Robinson Humphrey
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Molina Healthcare Inc ::MOLINA HEALTHCARE - ON DEC 4 CO ENTERED COMMITMENT LETTER WITH SUNTRUST BANK AND SUNTRUST ROBINSON HUMPHREY - SEC FILING.MOLINA HEALTHCARE INC - AS PER COMMITMENT, PARTIES TO PROVIDE 364-DAY BRIDGE FACILITY OR 8-YEAR BRIDGE FACILITY BOTH FOR UPTO $550 MILLION.  Full Article

Molina Healthcare reports Q3 loss per share of $1.70
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Molina Healthcare Inc ::Molina Healthcare announces third quarter results.Q3 loss per share $1.70.Q3 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Qtrly ‍total revenue $5,031 million versus $4,546 million​.Results for quarter include $3.16 per diluted share in impairment and restructuring costs​.  Full Article

Molina Healthcare names Joseph Zubretsky as CEO
Wednesday, 11 Oct 2017 

Oct 10 (Reuters) - Molina Healthcare Inc :Molina Healthcare names Joseph M. Zubretsky president & Chief Executive Officer.Molina Healthcare Inc - ‍ Zubretsky will also be appointed as a member of board of directors when he joins company​.Molina Healthcare Inc - ‍zubretsky will succeed interim Chief Executive Officer, Joseph W. White​.Molina Healthcare Inc - ‍White will remain with Molina Healthcare in his role as Chief Financial Officer​.  Full Article

BRIEF-Molina Healthcare Reports Q1 Adj Shr $1.71

* MOLINA HEALTHCARE ANNOUNCES FIRST QUARTER 2018 RESULTS AND INCREASES FISCAL YEAR 2018 GUIDANCE