Benzinga | Oct 29, 2020 06:46AM EDT

Magellan Health Q3 Adj. EPS $0.08 Beats $(0.10) Estimate, Sales $1.17B Beat $1.14B Estimate

Magellan Health (NASDAQ:MGLN) reported quarterly earnings of $0.08 per share which beat the analyst consensus estimate of $(0.10) by 180 percent. This is a 93.5 percent decrease over earnings of $1.23 per share from the same period last year. The company reported quarterly sales of $1.17 billion which beat the analyst consensus estimate of $1.14 billion by 2.63 percent. This is a 36.03 percent decrease over sales of $1.83 billion the same period last year.