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Molina Healthcare Q2 Adjusted Earnings, Revenue Fall; Shares Drop After Hours

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Molina Healthcare (MOH) reported Q2 adjusted EPS late Wednesday of $1.51 per diluted share, down from $5.48 a year earlier.

Analysts polled by FactSet expected $1.39.

Revenue in the three months ended June 30 fell to $10.87 billion from $11.43 billion a year earlier.

Analysts expected $10.83 billion.

The company raised its 2026 adjusted EPS outlook to at least $5.25, up from the previous forecast of at least $5, and reiterated premium-revenue guidance of $42 billion.

Analysts expect EPS of $5.14 and premium revenue of $42.1 billion.

Molina shares fell 6.2% in after-hours trading.

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