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Magellan Health Inc (MGLN.OQ)

MGLN.OQ on NASDAQ Stock Exchange Global Select Market

73.50USD
21 Sep 2018
Change (% chg)

$0.05 (+0.07%)
Prev Close
$73.45
Open
$73.30
Day's High
$74.25
Day's Low
$73.18
Volume
174,813
Avg. Vol
79,180
52-wk High
$112.15
52-wk Low
$71.20

Latest Key Developments (Source: Significant Developments)

Magellan Health Says Co Verbally Agreed To A Settlement In Principle With Florida Agency For Health Care Administration
Monday, 27 Aug 2018 

Aug 27 (Reuters) - Magellan Health Inc ::MAGELLAN HEALTH - ON AUG. 27, CO VERBALLY AGREED TO A SETTLEMENT IN PRINCIPLE WITH FLORIDA AGENCY FOR HEALTH CARE ADMINISTRATION.MAGELLAN HEALTH - SETTLEMENT IN PRINCIPLE WITH AHCA IN REGARDS TO CO'S PROTEST, ONCE SETTLEMENT IS EXECUTED WILL WITHDRAW PROTEST.MAGELLAN HEALTH - PER PRELIM TERMS OF SETTLEMENT, FL MHS WILL BE AWARDED CONTRACT EXTENDING THROUGH SEPT 30, 2023.MAGELLAN HEALTH INC - DOES NOT EXPECT CONTRACT TO HAVE A MATERIAL CONTRIBUTION TO EARNINGS IN 2019.MAGELLAN HEALTH INC - COMPANY WILL NO LONGER SERVE MEMBERS IN REGIONS 2, 6, 9, 10, AND 11.  Full Article

Magellan Health Qtrly Earnings Per Share $0.53
Friday, 27 Jul 2018 

July 27 (Reuters) - Magellan Health Inc ::MAGELLAN HEALTH REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 REVENUE $1.8 BILLION VERSUS I/B/E/S VIEW $1.88 BILLION.QTRLY EARNINGS PER SHARE $0.53.QTRLY ADJUSTED EARNINGS PER SHARE $0.92.LOWERING ITS 2018 FULL YEAR EARNINGS GUIDANCE.NOW ANTICIPATES SEGMENT PROFIT IN RANGE OF $330 MILLION TO $350 MILLION.EXPECTS 2018 REVENUE IN RANGE OF $7.3 BILLION TO $7.5 BILLION.SEES 2018 EPS IN RANGE OF $3.65 TO $4.59 AND ADJUSTED EPS IN RANGE OF $5.18 TO $5.96.  Full Article

Magellan Health Sees FY18 Adj Earnings Per Share Between $5.68 - $6.47
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Magellan Health Inc ::MAGELLAN HEALTH ANNOUNCES FULL YEAR 2018 GUIDANCE.MAGELLAN HEALTH INC - SEES FY 2018 NET REVENUE $7,500.0 MILLION - $7,800.0 MILLION.MAGELLAN HEALTH INC SEES FULL YEAR 2018 ADJUSTED EARNINGS PER SHARE IN RANGE $5.68 - $6.47.MAGELLAN HEALTH INC - AFFIRMING ITS 2017 FULL YEAR GUIDANCE.MAGELLAN HEALTH INC SEES SEGMENT PROFIT FOR FULL YEAR 2018 IS EXPECTED TO BE IN RANGE OF $414 TO $436 MILLION.MAGELLAN HEALTH INC - SEES FULL YEAR 2018 EARNINGS PER SHARE IN RANGE OF $4.52 TO $5.48.  Full Article

Magellan Health reports qtrly earnings per share $1.32
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Magellan Health Inc :Magellan Health reports third quarter 2017 financial results.Q3 revenue $1.4 billion versus I/B/E/S view $1.49 billion.Sees FY 2017 adjusted earnings per share $5.45 to $5.86.Sees FY 2017 earnings per share $4.10 to $4.51.Qtrly earnings per share $1.32​.Qtrly adjusted earnings per share $1.64.Q3 earnings per share view $1.40 -- Thomson Reuters I/B/E/S.‍Estimates FY17 revenue in range of $5.75 billion to $5.85 billion​.FY2017 earnings per share view $5.13, revenue view $5.80 billion -- Thomson Reuters I/B/E/S.  Full Article

Magellan Health Inc receives regulatory approvals to acquire Senior Whole Health
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Magellan Health Inc :Magellan Health Inc receives regulatory approvals to acquire Senior Whole Health.Magellan Health Inc - ‍Magellan now expects closing of agreement to acquire Senior Whole Health on or before December 31, 2017.​.  Full Article