Molina Healthcare reports a 21% Q3 revenue jump to $10.34B, exceeding analyst estimates.

Molina Healthcare reported a 21.0% revenue increase in Q3 to $10.34 billion, with EPS at $6.01, beating analyst expectations. Several major investors adjusted their stakes, with Centric Wealth Management owning $3.94 million in stock and Glenmede Trust Co. NA reducing its position by 42.2%. The company provides healthcare services to low-income families under Medicaid and Medicare programs.

November 29, 2024
3 Articles