Molina Healthcare Inc. raised in pre-market trading after cutting its annual earnings outlook due to rising medical costs, with its CEO stating the US budget bill will not impact the company's long-term prospects.
#YonhapInfomax #MolinaHealthcare #EarningsGuidance #MedicalCosts #PreMarket #BudgetBill #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=71070
Molina Healthcare Rises in Pre-Market Despite Annual Outlook Cut—'No Impact from Budget Bill'

Molina Healthcare Inc. raised in pre-market trading after cutting its annual earnings outlook due to rising medical costs, with its CEO stating the US budget bill will not impact the company's long-term prospects.

Yonhap Infomax
Molina Healthcare (#MOH) reported an EPS of $5.73, slightly above the forecasted $5.69, and its revenue stood at $9.93 billion, surpassing the expected $9.44 billion. #MolinaHealthcare #earnings