Insights Ahead: Molina Healthcare's Quarterly Earnings

Molina Healthcare (NYSE:MOH) will release its quarterly earnings report on Wednesday, 2024-10-23. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Molina Healthcare to report an earnings per share (EPS) of $5.96.

Investors in Molina Healthcare are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Historical Earnings Performance

The company's EPS beat by $0.31 in the last quarter, leading to a 12.28% increase in the share price on the following day.

Analysts' Perspectives on Molina Healthcare

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Molina Healthcare.

Analysts have given Molina Healthcare a total of 10 ratings, with the consensus rating being Neutral. The average one-year price target is $368.3, indicating a potential 28.51% upside.

Peer Ratings Overview

The following analysis focuses on the analyst ratings and average 1-year price targets of HealthEquity, Clover Health Investments and Alignment Healthcare, three prominent industry players, providing insights into their relative performance expectations and market positioning.

The consensus ...