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MGLN - Magellan Health Inc News Story

$94.67 0.0  0.0%

Last Trade - 9:00pm

Sector
Healthcare
Size
Mid Cap
Market Cap £1.81bn
Enterprise Value £1.47bn
Revenue £3.45bn
Position in Universe 2099th / 7243

Magellan Health Inc expected to post earnings of 95 cents a share - Earnings Preview

Wed 4th August, 2021 3:38am
* Magellan Health Inc  MGLN.OQ   MGLN.O  is expected to show a
rise in quarterly revenue when it reports results on August 4
(estimated). 
* The Phoenix, Arizona-based company is expected to report   a
4.0% increase in revenue to $1.144 billion from $1.1 billion a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Magellan Health Inc is
for earnings of 95 cents per share. For the same quarter last
year, the company reported earnings of 84 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Magellan Health
Inc is $93.5​, about 1% below​ its last closing price
of $94.40. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.72        0.67       1.33      Beat    98.5
 Dec. 31 2020  -0.23       -0.25      -0.38     Missed  -51.4
 Sep. 30 2020  -0.10       -0.10      0.08      Beat    177.4​
 Jun. 30 2020  0.85        0.82       0.84      Beat    2
 Mar.          0.65​       0.72       1.15      Beat    59.8​
 31​ 2020​                                              
 Dec. 31 2019  0.99        0.98       1.24      Beat    27.2​
 Sep. 30 2019  1.31        1.31       1.23      Missed  -6.1
 Jun. 30 2019  0.94        0.92       0.86      Missed  -6.5
 This summary was machine generated August 4 at 02:38 GMT.  All
figures in US dollars unless otherwise stated
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