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Magellan Health Inc (MGLN.OQ)

MGLN.OQ on NASDAQ Stock Exchange Global Select Market

99.05USD
17 Jan 2018
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Latest Key Developments (Source: Significant Developments)

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

Magellan Health Q2 adjusted EPS $0.58
Friday, 29 Jul 2016 

Magellan Health Inc : Revising 2016 guidance for cash flow from operations to a range of $104 million to $135 million, due to acquisition of afsc . Magellan health reports second quarter 2016 financial results . Q2 earnings per share $0.16 . Q2 revenue $1.16 billion versus I/B/E/S view $1.15 billion . Q2 earnings per share view $0.62 -- Thomson Reuters I/B/E/S . Sees 2016 adjusted earnings per share $3.45 to $4.22 . Sees 2016 earnings per share $1.99 to $2.77 . Now expect fy 2016 revenue to be in range of $4.76 to $5.00 billion . "compared to first half of 2016, we expect second half of year to produce stronger segment profit" .Fy2016 earnings per share view $2.84, revenue view $4.72 billion -- Thomson Reuters I/B/E/S.  Full Article

Magellan Health Inc enters into share purchase agreement with Armed Forces Services Corp
Monday, 16 May 2016 

Magellan Health Inc : Entered into a share purchase agreement with armed forces services corporation . Deal for cash purchase price at closing equal to $117.5 million, subject to adjustment - SEC filing . Deal includes potential contingent payments up to a maximum aggregate amount of $10.0 million payable after closing of transaction . Certain "key" members of AFSC's management will reinvest a portion of their proceeds in Magellan restricted common stock .Agreement provides for co, unit's purchase from Armed Forces Services Corp of all of outstanding equity interests in AFSC.  Full Article

BRIEF-Magellan Health Sees FY18 Adj Earnings Per Share Between $5.68 - $6.47

* MAGELLAN HEALTH INC - SEES FY 2018 NET REVENUE $7,500.0 MILLION - $7,800.0 MILLION