Molina Healthcare Q1 Adj. EPS $2.35 Beats $2.18 Estimate, Sales $10.796B Miss $10.874B Estimate

Molina Healthcare (NYSE:MOH) reported quarterly earnings of $2.35 per share which beat the analyst consensus estimate of $2.18 by 7.8 percent. This is a 61.35 percent decrease over earnings of $6.08 per share from the same period last year. The company reported quarterly sales of $10.796 billion which missed the analyst consensus estimate of $10.874 billion by 0.72 percent. This is a 3.15 percent decrease over sales of $11.147 billion the same period last year.