Molina Healthcare, Inc. · MOH · Next earnings

Molina Healthcare, Inc. reports Wednesday, Oct 21, 2026

MOH reports after market close with consensus EPS at $0.79 and revenue at $10.86B. Last quarter: Molina Healthcare Raises 2026 EPS Guidance on Duals Strength Despite Marketplace Losses

Reports After market close31 days awayDate estimated Healthcare

What the street expects

Consensus for the coming report
Consensus EPS $0.79 Calendar consensus
Consensus revenue $10.86B Calendar consensus
Report date Oct 21, 2026 Wednesday, date estimated
Session After market close 31 days away

Where MOH left off: FY2026 Q2

Full report

Molina Healthcare Raises 2026 EPS Guidance on Duals Strength Despite Marketplace Losses

EPS surprise +8.6% Reported $1.51 vs $1.39
Revenue surprise +0.4% Reported $10.87B vs $10.83B
Stock move -9.7% Event window
Subsequent drift -2.9% Up to 20 sessions

Full-year 2026 EPS guidance raised from at least $5.00 to at least $5.25. Full-year premium revenue outlook reaffirmed at approximately $42B. 2027 premium revenue projected at $46.5B, with a longer-term target of $64B by 2029. Guidance sentiment shifted from maintained (Q1) to raised (Q2).

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Medicaid work-requirement implementation could reduce enrollment
  • Managed Medicaid market underfunded by approximately 300 basis points with uncertain rate increases
  • Regulatory headwinds including 1115 waivers, provider tax regulation, and state payment reforms
  • Adverse member acuity mix in Marketplace and IDR process impacts
  • Short-term margin drag from Florida CMS contract ($1.5B) before reversal

Questions analysts left open

  • Breakdown of EPS impact from Marketplace exchange items and recurrence risk
  • Medicaid work-requirement verification and self-attestation rule details
  • Extent of pricing versus one-time items in the Florida CMS contract
  • G&A leverage expectations through 2027-2028
  • Specific Medicare cost-category drivers behind duals outperformance

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Recent MOH quarters

All MOH earnings
-9.7%FY2026 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q2

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.