Molina Healthcare Q1 Revenue Drops 4%, Adjusted EPS Plunges 61% on Membership Loss
MOH sits 28% above its 52-week low of $121.06.
Summary
Molina Healthcare reported a significant decline in its first-quarter financial results, with premium revenue falling 4% year-over-year to $10.17 billion and adjusted EPS plunging 61% to $0.27. The revenue drop was primarily attributed to lower Medicaid and Marketplace membership, while profitability was further impacted by a $93 million impairment charge related to the planned exit of a Medicare Advantage-Part D product. Despite these weak Q1 figures, the company reaffirmed its full-year 2026 premium revenue and adjusted earnings guidance. Traders will closely monitor future membership trends and any potential revisions to the full-year outlook, especially given the substantial Q1 underperformance.
At the time of this announcement, MOH was trading at $155.51 on NYSE in the Life Sciences sector, with a market capitalization of approximately $8B. The 52-week trading range was $121.06 to $333.22. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Reuters.