Group 1 - Carter Bankshares, Inc. (CARE) closed at $17.53, with a 0.5% gain over the past four weeks, and a mean price target of $23 suggests a 31.2% upside potential [1] - The mean estimate includes three short-term price targets with a standard deviation of $1.73, indicating a range from a low estimate of $21 (19.8% increase) to a high estimate of $24 (36.9% increase) [2] - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price movements [9][10] Group 2 - The Zacks Consensus Estimate for the current year has increased by 0.8%, with one estimate moving higher and no negative revisions [10] - CARE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [11] - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does suggest a positive direction for price movement [12]

Core Insights - Nearly 58,000 PG&E customers received over $50 million in financial assistance through the REACH program in 2024, with encouragement for eligible customers to apply for additional support programs like CARE and FERA [1][4] - PG&E contributed $55 million to expand the REACH program benefits, increasing maximum customer bill credits from $500 to $2,000 and allowing a larger pool of income-eligible customers to qualify for a 3-to-1 match on bill payments [2] - The REACH program funding was fully utilized by September 2024, with plans to reopen in January 2025 at a standard benefit level of up to $300 per household per year [3] CARE & FERA Programs - The CARE program offers a monthly discount of 20% or more on gas and electricity bills, while FERA provides an 18% discount on electricity for households of three or more [6] - In 2023, CARE and FERA programs collectively reduced customer bills by nearly $1 billion [4] Other Assistance Programs - PG&E also administers the Low Income Energy Assistance Program (LIHEAP), which has provided nearly $49 million to over 58,000 customers this year, offering one-time payments up to $1,000 for past due bills [5] - The Arrearage Management Plan (AMP) is available for eligible residential customers as a debt forgiveness plan [5] Customer Application and Funding Distribution - The largest number of approved applications and funding for REACH and REACH Triple Match were distributed across five counties, with specific funding amounts detailed for each county [7][8]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39731 CARTER BANKSHARES, INC. (Exact name of registrant as specified in its charter) Virginia 85-3365661 (State or o ...

The addition of Advocate Health Care to the Ambetter of Illinois provider network offers its members expanded access to the health system's high-quality healthcare CHICAGO, Oct. 30, 2024 /PRNewswire/ -- Ambetter of Illinois (Ambetter), a product offered by Centene Corporation (NYSE: CNC), and managed locally by Meridian Health Plan of Illinois, Inc. (Meridian), announced today the addition of Advocate Health Care to its network, which will further increase members' access to quality healthcare in the Chicag ...

Carter Bankshares, Inc. (CARE) reported $34.41 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 5.4%. EPS of $0.23 for the same period compares to $0.20 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $35.5 million, representing a surprise of -3.07%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.23.While investors scrutinize revenue and earnings changes year-over-year and how they compare wit ...

Carter Bankshares, Inc. (CARE) came out with quarterly earnings of $0.23 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.21 per share when it actually produced earnings of $0.21, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Carter Bankshares, which belongs ...

Exhibit 99.1 FOR IMMEDIATE RELEASE – October 24, 2024 Carter Bankshares, Inc. Announces Third Quarter 2024 Financial Results Martinsville, VA, October 24, 2024 – Carter Bankshares, Inc. (the "Company") (NASDAQ:CARE), the holding company of Carter Bank & Trust (the "Bank") today announced quarterly net income of $5.6 million, or $0.24 diluted earnings per share ("EPS"), for the third quarter of 2024 compared to net income of $4.8 million, or $0.21 diluted EPS, for the second quarter of 2024 and net income of ...

OKLAHOMA CITY, Oct. 15, 2024 /PRNewswire/ -- Oklahoma Complete Health, a care management organization serving the needs of Oklahomans with a range of health insurance solutions, a subsidiary of Centene Corporation (NYSE: CNC), today announced a $75,000 investment in the recruitment, training, and retention of foster and adoptive families. This funding allows the Foster Care Association of Oklahoma (FCAO) to continue to grow the Foster Parent Mentoring Program. "FCAO continues to be a critical support system ...

NEW YORK, Sept. 17, 2024 /PRNewswire/ -- A survey of older adults in the United States reveals wideranging dissatisfaction with health care and related services that don't reflect and respond to how people want to live as they age. Age Wave and The John A. Hartford Foundation released findings of a national survey, "Meeting the Growing Demand for Age-Friendly Care: Health Care at the Crossroads," conducted by The Harris Poll. It underscores that America's 65+ population is skyrocketing, as opportunities go ...

ST. LOUIS, Sept. 4, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that its Iowa-based subsidiary, Iowa Total Care, has been selected by the Iowa Department of Health and Human Services (HHS) to continue providing Medicaid managed care services under the Iowa Health Link program. The Iowa Health Link program administers Iowa Medicaid, the Iowa Health and Wellness Plan and Healthy and Well Kids in Iowa (H ...