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Stock Market & Financial Investment News

News Breaks
February 20, 2013
16:08 EDTMOHMolina Healthcare sees FY13 EPS $1.45, consensus $1.56
Sees FY13 revenue $7.0B, consensus $7.04B. Molina Healthcare updated its 2013 guidance provided on February 7 to include the impact of the issuance of $550M aggregate principal amount of cash convertible senior notes on February 15, and certain projected increases to its premium revenue. Updated 2013 guidance includes operating income expected to increase $10M, or 13c per diluted share, compared with previously issued guidance due to newly expected increases in premium revenue. The issuance of the $550M of cash convertible senior notes is expected to reduce earnings per diluted share by approximately 23c, the company said.
News For MOH From The Last 14 Days
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October 31, 2014
09:37 EDTMOHMolina Healthcare upgraded to Outperform from Market Perform at Leerink
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09:26 EDTMOHMolina Healthcare weakness creates buying opportunity, says Sterne Agee
After Molina cut its guidance, Sterne Agee thinks the reduction was due primarily to one-time issues. The firm expects the issues to be resolved.
October 30, 2014
16:30 EDTMOHMolina Healthcare says FY14 EPS may fall short of low end of prior guidance
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16:30 EDTMOHMolina Healthcare reports Q3 adjusted EPS 83c, may not compare to consensus 42c
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