Molina Healthcare Inc. (NYSE:MOH) shares are trending on Thursday.
Check out the current price of MOH stock here.
MOH fell 19.34% to $157.39 in after-hours trading on Wednesday after the company posted its third-quarter earnings.
Q3 Results Show Year-Over-Year Decline
The California-based company reported third-quarter generally accepted accounting principles (GAAP) earnings of $1.51 per diluted share, down from $5.65 a year earlier.
Adjusted earnings came in at $1.84 per share, compared with $6.01 in the same quarter last year.
Premium revenue grew 12% from last year to $10.8 billion.
Medical Care Ratios Rise Across Segments
The consolidated medical care ratio (MCR) for the third quarter of 2025 rose to 92.6%, up from 89.2% a year earlier. The Medicaid MCR was 92.0%, Medicare came in at 93.6%, and Marketplace reached 95.6%.
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The company said Medicaid added $3.52 per diluted share to adjusted earnings, partly offset by a $1.68 per-share loss from Medicare and Marketplace results.
Full-Year Guidance Revised
Molina Healthcare raised its premium revenue forecast to about $42.5 billion and now expects full-year 2025 adjusted earnings of roughly $14 per diluted share.
The managed care company attributed the outlook change to rising medical costs across all segments, noting that its Marketplace business is facing