Molina Healthcare Reports Profit In Q4 - Quick Facts

(RTTNews) - Molina Healthcare, Inc. (MOH) reported fourth-quarter income from continuing operations of $33.93 million or $0.69 per share, compared to a loss of $9.04 million or $0.20 per share, prior year. Adjusted earnings per share from continuing operations was $1.24, for the quarter.

On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $0.61 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $2.80 billion from $1.71 billion last year. Analysts expected revenue of $2.86 billion for the quarter.