LONG BEACH, Calif. (AP) _ Molina Healthcare Inc. (MOH) on Wednesday reported third-quarter net income of $230 million.

On a per-share basis, the Long Beach, California-based company said it had net income of $3.95. Earnings, adjusted for one-time gains and costs, came to $4.36 per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.25 per share.

The provider of Medicaid-related services posted revenue of $7.93 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $7.86 billion.

Molina expects full-year earnings to be $17.75 per share.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MOH at https://www.zacks.com/ap/MOH

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