Molina Healthcare Reports Q4 EPS of $0.58 vs. $0.52

Molina Healthcare, Inc. MOH today reported its financial results for the fourth quarter and year ended December 31, 2010. Net income for the quarter was $17.6 million, or $0.58 per diluted share, compared with a net loss of $4.5 million, or $0.18 per diluted share, for the quarter ended December 31, 2009. Net income for the year ended December 31, 2010, was $55.0 million, or $1.98 per diluted share, compared with net income of $30.9 million, or $1.19 per diluted share, for the year ended December 31, 2009.