Summary：Molina Healthcare Posts Strong Q2 Earnings, Raises Full‑Year Guidance **Introduction** Molina Heal

Molina Healthcare Posts Strong Q2 Earnings, Raises Full‑Year Guidance

**Introduction**
Molina Healthcare, Inc. (NYSE: MOH) announced its second‑quarter financial results on Wednesday, beating analyst expectations on both revenue and earnings per share. The managed‑care company, which focuses on Medicaid and Medicare markets, reported adjusted earnings of $2.84 per share, surpassing the consensus estimate of $2.57. Revenue rose 9.2% year‑over‑year to $7.6 billion, driven by higher enrollment in its government‑sponsored plans and improved medical cost ratios. The news sent Molina’s stock up 4.3% in after‑hours trading.

**Key Developments**
The earnings beat was underpinned by several strategic moves. Molina added roughly 350,000 new members to its Medicaid portfolio during the quarter, largely through contract wins in Texas and Florida. The company also completed the acquisition of a regional behavioral‑health provider, expanding its integrated care capabilities and adding an estimated $150 million in annual revenue. On the cost side, Molina reported a medical loss ratio (MLR) of 84.1%, down