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Long Beach, California-based Molina Healthcare, Inc. (MOH) provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. Valued at a market cap of $16.4 billion, it is expected to announce its fiscal Q4 earnings results after the market closes on Wednesday, Feb. 5.
Ahead of this event, analysts project the healthcare company to report a profit of $5.81 per share, up nearly 32.7% from $4.38 per share in the year-ago quarter. The company has a solid track record of consistently beating Wall Street's bottom-line estimates in the last four quarters. In Q3, MOH’s adjusted EPS of $6.01 marginally outpaced the Wall Street estimates.