Healthcare insurance company Molina Healthcare (NYSE: MOH) will be announcing earnings results this Wednesday afternoon. Here’s what you need to know.

Molina Healthcare beat analysts’ revenue expectations by 4.4% last quarter, reporting revenues of $11.43 billion, up 15.7% year on year. It was a slower quarter for the company, with a significant miss of analysts’ full-year EPS guidance estimates and a slight miss of analysts’ customer base estimates. It lost -6,000 customers and ended up with a total of 5.75 million.

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This quarter, analysts are expecting Molina Healthcare’s revenue to grow 6% year on year to $10.96 billion, slowing from the 21% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $3.89 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Molina Healthcare has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 3.8% on average.

With Molina Healthcare being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for healthcare providers & services stocks. However, there has been positive investor sentiment in the segment, with share prices up 4.7% on average over the last month. Molina Healthcare is up 7.6% during the same time and is heading into earnings with an average analyst price target of $197.53 (compared to the current share price of $195.75).

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