Molina Healthcare, Inc. (NYSE:MOH) on Monday issued preliminary second-quarter results and lowered its full-year 2025 earnings outlook, citing rising medical costs across its Medicaid, Medicare, and state marketplace businesses.

The managed care company now expects Q2 adjusted earnings of approximately $5.50 per share—slightly below earlier forecasts—due to cost pressures that it expects will persist into the second half of the year. As a result, Molina cut its full-year 2025 adjusted EPS guidance to a range of $21.50 to $22.50, down from at

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