Molina Healthcare Trims Fiscal-Year Guidance After Centene Withdraws Outlook - Barron's

1. Molina Healthcare trimmed earnings guidance due to medical cost pressures. 2. Adjusted earnings forecast for Q2 is $5.50 per share, below prior estimates. 3. Full-year earnings guidance now between $21.50 and $22.50 per share. 4. CEO attributes earnings pressure to premium and medical cost dislocation. 5. Shares rose 1.7% post-announcement, following a 20% drop last week.