Centene (CNC) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 63.27%. A quarter ago, it was expected that this healthcare company would post earnings of $1.39 per share when it actually produced earnings of $1.62, delivering a surprise of 16.55%.Over the last four quarters, the compan ...

Centene reported $3.3 billion in 2024 profits as Obamacare enrollment and premium revenue helped ... [+] overcome a big dip in Medicaid enrollment. In this photo, the building housing Centene Corporation headquarters is seen Thursday, July 2, 2015, in Clayton, Mo. (AP Photo/Jeff Roberson)ASSOCIATED PRESSCentene Tuesday reported $3.3 billion in 2024 profits as Obamacare enrollment and premium revenue helped overcome a big dip in Medicaid enrollment.Centene, which sells an array of government subsidized healt ...

-- 2024 Full Year Diluted EPS of $6.31; Adjusted Diluted EPS of $7.17 -- 2024 adjusted diluted EPS of $7.17, up 7% from $6.68 in 2023. Membership increases of 12% in Marketplace and 50% in Medicare PDP, compared to the fourth quarter of 2023. Executed on capital deployment with $3.0 billion of share repurchases in 2024. Increased 2025 premium and service revenues guidance by $4.0 billion driven by Medicaid revenue and better than expected membership performance during the annual enrollment period in Medicar ...

Exhibit 99.1 N E W S R E L E A S E Contact: Investor Relations Inquiries Media Inquiries Jennifer Gilligan Isabella Wiltse Senior Vice President, Finance & Investor Relations Vice President, Media & Public Relations (212) 549-1306 (314) 445-0790 | 2024 Results | | | | | | --- | --- | --- | --- | --- | | | | Q4 | | Full Year | | Total revenues (in millions) | $ | 40,805 | $ | 163,071 | | Premium and service revenues (in millions) | $ | 36,296 | $ | 145,505 | | Health benefits ratio | | 89.6 % | | 88.3 % | | ...

Wall Street analysts expect Centene (CNC) to post quarterly earnings of $0.49 per share in its upcoming report, which indicates a year-over-year increase of 8.9%. Revenues are expected to be $38.96 billion, down 1.3% from the year-ago quarter.The current level reflects a downward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company ...

Healthcare plan provider Centene Corporation (CNC) is set to report fourth-quarter 2024 results on Feb. 4, 2025, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at 49 cents per share on revenues of $38.96 billion. See the Zacks Earnings Calendar to stay ahead of market-making news.The fourth-quarter earnings estimate remained stable over the past 30 days. The bottom-line projection indicates year-over-year growth of 8.9%. However, the Zacks ...

Centene Corporation (CNC) recently unveiled that its subsidiary, 'Ohana Health Plan, collaborated with the nonprofit homeless services organization on Hawaii Island, Hope Services Hawaii. The tie-up was meant to introduce a residential program offering integrated clinical care exclusively to 'Ohana Health Plan members. The transitional housing and structured support are provided through a property, which is owned by the County of Hawaii and operates under an existing lease agreement with Hope Services. It i ...

The six-bed, Hilo-based home is reserved exclusively for 'Ohana Health Plan members and provides integrated, sustained clinical care and case management for an average one-year stay. The property is owned by the County of Hawaii, which has an existing lease with Hope Services to provide emergency shelter for individuals experiencing homelessness. The treatment-based residential program provides: Behavioral health (BH) case management Licensed BH clinician for therapy and psychosocial rehabilitation groups ...

The U.S. health insurance industry, referred to as Health Maintenance Organization (“HMO”), is poised to benefit from an expanding customer base, ensuring a steady stream of premium income for its participants. Anticipated interest rate cuts in 2025 are likely to revive merger and acquisition (M&A) activity within the sector. While investments in technology aim to enhance operational efficiency, they often lead to increased costs for industry players. Additionally, the persistent shortage of medical personn ...

New leadership role reflects Centene's focus on ICHRA growthST LOUIS, Jan. 9, 2025 /PRNewswire/ -- Centene Corporation ("Centene") [NYSE: CNC], a leading healthcare enterprise committed to helping people live healthier lives, is pleased to announce that Alan Silver has joined the organization as the President of its Ambetter Health Solutions business, which focuses on ICHRA (Individual Coverage Health Reimbursement Arrangements). This newly created role reflects Centene's belief that consumers increasingly ...