Molina Healthcare faced considerable challenges with elevated medical costs impacting multiple segments. Despite maintaining revenue growth and efficient cost management, the downward revision in earnings guidance and persistent cost pressures represent significant hurdles.

Company Guidance

During the Molina Healthcare Second Quarter 2025 Earnings Conference Call, the company provided several key metrics and guidance updates. For Q2 2025, Molina reported adjusted earnings per share of $5.48 on $10.9 billion of premium revenue, with a consolidated Medical Cost Ratio (MCR) of 90.4%. The full-year 2025 guidance was revised, projecting premium revenue of approximately $42 billion and an adjusted EPS of no less than $19, down from the initial guidance of $24.50. The company's full-year consolidated MCR is expected to be 90.2%, driven by pressure in the Marketplace segment, which accounts for nearly half of the 140 basis point MCR revision. Medicaid’s full-year MCR is projected at 90.9%, with a pretax margin of 3.6%, while Medicare’s MCR is anticipated to be 90%, with a low single-digit pretax margin. The Marketplace segment is expected to have an MCR of 85% and a pretax margin in the low single digits. Guidance also reflects significant impacts from rising medical costs and utilization trends across segments, with strategic adjustments in rate filings anticipated for 2026. Despite challenges, Molina remains confident in achieving long-term growth targets, projecting premium revenue of $46 billion in 2026 and at least $52 billion in 2027.

Revenue Growth

Molina Healthcare reported approximately $11 billion in total revenue for Q2 2025, with premium revenue at $10.9 billion, maintaining a full-year premium revenue guidance of approximately $42 billion.

Cost Management

Despite a challenging medical cost trend environment, Molina Healthcare managed to achieve a consolidated Medical Cost Ratio (MCR) of 90.4% due to effective medical cost management.

G&A Efficiency

The adjusted G&A ratio was 6.1%, attributed to lower incentive compensation and continued productivity enhancements.

Long-term Growth Prospects

The company remains on track to achieve a premium revenue target of $46 billion in 2026 and at least $52 billion in 2027, driven by growth in current footprints and recent RFP wins.

Molina Healthcare (MOH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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MOH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	4.00 / -	6.01	―	―	―
Jul 23, 2025	2025 (Q2)	5.62 / 5.48	5.86	-6.48% (-0.38)	―
Apr 23, 2025	2025 (Q1)	5.97 / 6.08	5.73	6.11% (+0.35)	―
Feb 05, 2025	2024 (Q4)	5.75 / 5.05	4.38	15.30% (+0.67)	―
Oct 23, 2024	2024 (Q3)	5.80 / 6.01	5.05	19.01% (+0.96)	―
Jul 24, 2024	2024 (Q2)	5.56 / 5.86	5.65	3.72% (+0.21)	―
Apr 24, 2024	2024 (Q1)	5.68 / 5.73	5.81	-1.38% (-0.08)	―
Feb 07, 2024	2023 (Q4)	4.34 / 4.38	4.1	6.83% (+0.28)	―
Oct 25, 2023	2023 (Q3)	4.88 / 5.05	4.36	15.83% (+0.69)	―
Jul 26, 2023	2023 (Q2)	5.10 / 5.65	4.55	24.18% (+1.10)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MOH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 23, 2025	$190.25	$158.22	-16.84%
Apr 23, 2025	$332.00	$313.81	-5.48%
Feb 05, 2025	$317.01	$285.01	-10.09%
Oct 23, 2024	$275.00	$323.59	+17.67%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Molina Healthcare (MOH) report earnings?

Molina Healthcare (MOH) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is Molina Healthcare (MOH) earnings time?

Molina Healthcare (MOH) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MOH EPS forecast?

MOH EPS forecast for the fiscal quarter 2025 (Q3) is 4.

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