Workflow
Centene(CNC)
icon
Search documents
Centene(CNC) - 2024 Q1 - Quarterly Results
2024-04-25 23:08
N E W S R E L E A S E FOR IMMEDIATE RELEASE • 2024 adjusted diluted EPS of $2.26, up over 7% from $2.11 in the first quarter of 2023. Other Events Exhibit 99.1 • Premium and service revenues of $36.3 billion in the first quarter of 2024. Increases 2024 full year premium and service revenue guidance by $1.0 billion. • Membership increase of 41% in Marketplace, compared to the first quarter of 2023. ST. LOUIS, April 26, 2024 -- Centene Corporation (NYSE: CNC) ("the Company") announced today its financial resu ...
Centene(CNC) - 2024 Q1 - Quarterly Report
2024-04-25 23:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 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 March 31, 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 _____________________ ...
How Should You Play Centene (CNC) Ahead of Q1 Earnings?
Zacks Investment Research· 2024-04-23 18:41
Centene Corporation (CNC) is set to report its first-quarter 2024 results on Apr 26, before the opening bell. Analysts are anticipating a robust performance in its commercial segment, although lower Medicaid membership may offset its results.Let’s delve deeper.The company’s memberships are on a decline, especially in Medicaid and Medicare, due to redeterminations. We expect total Medicaid membership to decline almost 13% year over year in the first quarter, along with an 11% fall in Medicare membership.The ...
Unveiling Centene (CNC) Q1 Outlook: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-04-23 14:21
Analysts on Wall Street project that Centene (CNC) will announce quarterly earnings of $2.09 per share in its forthcoming report, representing a decline of 1% year over year. Revenues are projected to reach $36.41 billion, declining 6.4% from the same quarter last year.Over the last 30 days, there has been an upward revision of 5.4% 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 ...
Analysts Estimate Centene (CNC) to Report a Decline in Earnings: What to Look Out for
Zacks Investment Research· 2024-04-19 15:06
The market expects Centene (CNC) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 26, 2024, might help the stock move higher if these key numbers are better t ...
Centene (CNC) Wins Medicaid Contract to Better Serve Michigan
Zacks Investment Research· 2024-04-11 15:51
Centene Corporation (CNC) recently disclosed that its Michigan subsidiary, Meridian, was selected by the Michigan Department of Health and Human Services to continue offering Medicaid health plans across the state. The plans will be offered as part of the Comprehensive Health Care Program, which caters to roughly two million Michigan residents.The new Medicaid contracts are likely to commence from the very beginning of October 2024 and run for a period of five years. It will also have the option to undergo ...
CENTENE SUBSIDIARY MERIDIAN IN MICHIGAN AWARDED MICHIGAN MEDICAID CONTRACTS
Prnewswire· 2024-04-09 20:30
ST. LOUIS, April 9, 2024 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that its subsidiary, Meridian in Michigan (Meridian), has been selected by the Michigan Department of Health and Human Services (MDHHS) to continue to serve as a Medicaid health plan for the Comprehensive Health Care Program, which serves nearly 2 million Michiganders statewide. The proposed Medicaid contracts are expected to begin on Oct ...
Mayor's Fund's Eviction-prevention Program Receives $2.8 Million Investment from Bob & Dolores Hope Foundation and Health Net
Prnewswire· 2024-04-08 21:51
Join L.A. Care Health Plan prior donation to become top donors to We Are LA programLOS ANGELES, April 8, 2024 /PRNewswire/ -- Recognizing the importance of preventing evictions in overcoming Los Angeles's homelessness crisis, The Bob & Dolores Hope Foundation has donated $1.5 million and Health Net $1.3 million to support the Mayor's Fund for Los Angeles' We Are LA program. We Are LA connects people at risk of eviction to every resource available to them to help them maintain stable housing. Health Net o ...
Here's Why Centene (CNC) is a Strong Value Stock
Zacks Investment Research· 2024-04-08 14:41
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Sc ...
Health insurer stocks slide as final Medicare Advantage rates disappoint
CNBC· 2024-04-02 14:04
Signage is displayed on a Humana Inc. office building in Louisville, Kentucky, U.S., on Saturday, Feb. 2, 2019. Humana is scheduled to release earnings figures on February 6.Shares of U.S. health insurers fell on Tuesday after the Biden administration didn't boost payments for private Medicare plans as much as the insurance industry and investors had hoped. Shares of CVS Health fell more than 6% on Tuesday, while UnitedHealth Group's stock slid roughly 6%. Shares of Elevance Health dropped 2% and Centene's ...