Centene Corporation. (NYSE:CNC) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Jennifer Gilligan - SVP, Finance and Investor Relations Sarah London - Chief Executive Officer Andrew Asher - EVP and Chief Financial Officer Conference Call Participants Stephen Baxter - Wells Fargo Justin Lake - Wolfe Research Josh Raskin - Nefron Research A.J. Rice - UBS Adam Ron - Bank of America Scott Fidel - Stephens David Windley - Jefferies Lance Wilkes - Bernstein Andrew Mok - Barclays Mic ...

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. The reported revenue compares to the Zacks Consensus Estimate of $36.51 billion, representing a surprise of +9.10%. The company delivered an EPS surprise of -0.82%, with the consensus EPS estimate being $2.44. Total Medical Health (Benefits) loss Ratios -Total Ratio (HBR): 87.6% versus the five-analyst average estimate of ...

Centene (CNC) came out with quarterly earnings of $2.42 per share, missing the Zacks Consensus Estimate of $2.44 per share. This compares to earnings of $2.10 per share a year ago. These figures are adjusted for nonrecurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earn ...

© 2023 Bloomberg Finance LP "While we have work to do in Medicaid as redeterminations wind down, the overall performance of the diversified portfolio enables us to remain on track for 2024 adjusted diluted EPS guidance," Centene chief executive officer Sarah M. London said. "At the same time, we continue to make important progress on operations and quality that positions us well to serve our members and deliver long-term profitable growth." The growth in commercial marketplace, or Obamacare, helped increase ...

Exhibit 99.1 N E W S R E L E A S E Contact: Investor Relations Inquiries Media Inquiries Jennifer Gilligan Shannon Susko (212) 549-1306 (314) 445-0790 Senior Vice President, Finance & Investor Relations Senior Vice President, Chief Communications Officer FOR IMMEDIATE RELEASE CENTENE CORPORATION REPORTS SECOND QUARTER 2024 RESULTS -- Diluted EPS of $2.16; Adjusted Diluted EPS of $2.42 -- -- Reaffirms 2024 Adjusted Diluted EPS Guidance Floor of Greater Than $6.80 -- ST. LOUIS, July 26, 2024 -- Centene Corpor ...

FORM 10-Q ____________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 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: 001-31826 ____________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSIO ...

Over the last 30 days, there has been an upward revision of 2.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding. The comb ...

Centene Corporation (CNC) is set to report its second-quarter 2024 results on Jul 26, before the opening bell. The Zacks Consensus Estimate for second-quarter earnings is currently pegged at $1.91 per share, implying a decline of 9.1% from the year-ago reported number. The estimate was revised downward by two analysts in the past month against no movement in the opposite direction, resulting in a decrease of 4 cents from $1.95 per share. The Zacks Consensus Estimate for second-quarter revenues is currently ...

WellCare's Community Engagement team will be hosting celebratory events at the welcome room. A Grand Ribbon Cutting Ceremony will take place on July 19, 2024, from 11:00 a.m. to 01:00 p.m. A Community Cookout will take place July 20, 2024, from 10:00 a.m. to 01:00 p.m. SOURCE WellCare of North Carolina RALEIGH, N.C., July 18, 2024 /PRNewswire/ -- WellCare of North Carolina (WellCare), the Medicaid brand and wholly owned subsidiary of Centene Corporation (NYSE: CNC), announced today the grand opening of a ne ...

This award recognizes Health Net's impact and commitment to fostering diverse and inclusive environments for all employees. "At Health Net, we believe a diverse workforce is the best way to serve our more than 3 million members," said Health Net Plan President and Chief Executive Officer, Brian Ternan. "This recognition reflects our strong and lasting commitment to diversity, equity, inclusion and belonging, and ensuring all employees feel safe, valued and supported." Inclusive workplaces benefit from incre ...