Centene Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Earnings Results - Centene Corporation is set to release its second-quarter earnings results on July 25, with analysts expecting earnings of 23 cents per share, a significant decrease from $2.42 per share in the same period last year [1] - Projected quarterly revenue for Centene is $44.2 billion, an increase from $39.84 billion a year earlier [1] Guidance and Stock Performance - On July 1, Centene withdrew its previous 2025 GAAP and adjusted diluted EPS guidance, leading to a 9% drop in shares, closing at $26.76 [2] Analyst Ratings and Price Targets - Truist Securities analyst maintained a Buy rating but reduced the price target from $84 to $42 [4] - B of A Securities downgraded the stock from Neutral to Underperform, slashing the price target from $52 to $30 [4] - Mizuho maintained a Neutral rating and cut the price target from $71 to $40 [4] - Morgan Stanley downgraded the stock from Overweight to Equal-Weight, lowering the price target from $70 to $33 [4] - UBS downgraded the stock from Buy to Neutral, decreasing the price target from $80 to $45 [4]