- Shares of Molina Healthcare (NYSE:MOH +6.1%) bounce back from steep losses after disappointing Q4 results after the health insurer guides 2014 adjusted earnings at double what analysts were expecting.
- MOH forecasts FY 2014 adjusted EPS of $4-$4.50 vs. analyst consensus estimate of $1.99, and sees revenue at $9.9B vs. analysts’ view of $9.6B.
- Susquehanna believes MOH's long-term earnings power is materially higher than the 2014 outlook, but notes that the company is assuming it will be fully reimbursed its fees due under the Affordable Care Act.