Molina Healthcare slumps on weak 2026 profit forecast
06/02/2026 10:49
** Shares of U.S. health insurer Molina Healthcare MOH.N fall 27.7% to $127.73 premarket ** MOH late on Thursday forecast adjusted earnings of at least $5 per share for 2026, well below analysts' estimate of $13.76, according to LSEG data ** Co expects annual medical cost ratio, the percentage of premiums spent on medical services, to be 92.6% compared to an estimate of 89.78% ** MOH stock was down 40% in 2025 (Reporting by Padmanabhan Ananthan) ((Padmanabhan.Ananthan@thomsonreuters.com))