How did Molina Healthcare's revenue and expenses trend in Q4 2024?
4/14/2025 04:43pm
**Molina Healthcare's revenue and expenses in Q4 2024 are not currently available.** However, we can infer trends based on available data.
1. **Revenue Trend**: Molina Healthcare provided FY 2024 revenue guidance in the range of $38.0 billion to $38.0 billion, which is slightly below the consensus revenue estimate of $39.8 billion. This indicates a strong revenue expectation, despite the slight shortfall in guidance.
2. **Expense Trend**: The company's full-year premium revenue guidance is approximately $38 billion, which suggests a focus on managing expenses to support this revenue target. The consolidated Medical Care Ratio (MCR) was reported at 89.2% for the third quarter, which is higher than expected, reflecting medical cost pressures in Medicaid and Medicare segments. However, the company has achieved significant contract wins and is targeting long-term growth.
In conclusion, Molina Healthcare is positioning itself for strong revenue growth in Q4 2024, despite the challenges posed by higher medical costs. The company's strategic initiatives and contract wins are expected to support its financial performance.