Centene (CNC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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 ...