secwatch.observer — SEC 8-K summary
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Issuer:     MOLINA HEALTHCARE, INC. (MOH)
CIK:        0001179929
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001179929-24-000086
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Molina Q1 GAAP EPS $5.17, adjusted $5.73; revenue rises to $9.93B; reaffirms FY2024 guidance
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- Q1 GAAP EPS $5.17 vs $5.52 YoY; adjusted EPS $5.73 vs $5.81.
- Total revenue $9.93B (+22% YoY) driven by premium revenue of $9.50B.
- Medical care ratio 88.5%, up from 87.1% YoY; G&A ratio stable at 7.2%.
- GAAP net income $301M vs $321M; adjusted net income $334M vs $337M.
- Company reaffirms full-year 2024 revenue and earnings guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1179929/000117992924000086/0001179929-24-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1179929/000117992924000086/moh-20240424.htm
  HTML page:      https://secwatch.observer/filing/0001179929-24-000086

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer