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With a market cap of $16.6 billion, Centene Corporation (CNC) is a multinational healthcare enterprise that delivers services primarily to under-insured and uninsured populations through ...
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Shares of Centene Corp (CNC) traded 40% lower on Wednesday after several brokerages lowered their price target on the stock on the heels of the health insurer withdrawing its 2025 financial guidance.
The significant downgrade comes as UBS revised its earnings per share estimates for Centene, projecting a 55% decline to $3.25 for 2025 and a 45% decline to $4.50 for 2026.
For the quarter ended June 2024, Centene (CNC) reported revenue of $39.84 billion, up 5.9% over the same period last year. EPS came in at $2.42, compared to $2.10 in the year-ago quarter.
Centene reaffirmed its 2024 earnings guidance of at least $6.80 per share, according to the report. It also boosted its revenue outlook, and now expects between $155 billion and $157 billion in ...
ST LOUIS (AP) — ST LOUIS (AP) — Centene Corp. (CNC) on Friday reported net income of $1.15 billion in its second quarter. On a per-share basis, the St.
The Saint Louis, Missouri-based company is slated to announce its fiscal Q2 2025 earnings results on Friday, Jul. 25. Ahead of this event, analysts expect CNC to report an adjusted EPS of $1.72, a ...
With a market cap of $16.6 billion, Centene Corporation (CNC) is a multinational healthcare enterprise that delivers services primarily to under-insured and uninsured populations through ...