Molina Healthcare Reports Lower Third-Quarter Earnings and Reaffirms 2026 Guidance
Filed with the SEC on · Summarized by InvestorsBot
Molina Healthcare reported third-quarter 2026 GAAP earnings of $0.73 per diluted share and adjusted earnings of $0.89, down from $1.51 and $1.84, respectively, a year earlier, as premium revenue fell 4% to $10.5 billion and the medical care ratio rose to 92.9%. On October 21, 2026, the company reaffirmed full-year premium revenue guidance of approximately $42 billion, GAAP earnings of at least $2.38 per share and adjusted earnings of at least $5.25 per share; guidance includes expected losses of $1.50 per share from implementing a new Florida Medicaid contract and $1.00 per share from its traditional MAPD product.