Molina Q2 solid despite consensus miss, ytd cash flow ops up 380%

Molina Healthcare (NYSE:MOH) Q2 results:

Revenue: $4,618M (+10.1%); premiums: $4,372M (+8.0%).

Net income: $276M (+40.8%); EPS: $4.65 (+52.0%); non-GAAP EPS: $4.79 (+61.8%).

Cash flow ops (6 mo.): $749M (+380.1%).

Medical care ratio: 82.3% (-3.9%). Improvement due to reduced services demand during the pandemic.

2020 guidance: Revenue: $18.8B from 18.3B; premiums revenue: $21.5B; EPS: $11.20 – 11.70 (unch).

https://seekingalpha.com/news/3598094-molina-q2-solid-despite-consensus-miss-ytd-cash-flow-ops-up-380