Centene Q3 Earnings Beat on Growth in Marketplace Business Line

Centene Corporation (CNC) reported third-quarter 2024 adjusted earnings per share (EPS) of $1.62, which outpaced the Zacks Consensus Estimate by 16.6%. However, the bottom line fell 19% year over year.Revenues were $42 billion, which advanced 10.5% year over year. The top line surpassed the consensus mark by 10.9%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The quarterly performance benefited on the back of strong Commercial revenue growth, expansion of the Marketplace business ...