Centene (CNC) Reports Q2 Loss, Tops Revenue Estimates

Centene (CNC) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of $0.68. This compares to earnings of $2.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -123.53%. A quarter ago, it was expected that this healthcare company would post earnings of $2.36 per share when it actually produced earnings of $2.9, delivering a surprise of +22.88%.Over the last four quarters, the company has surpas ...