Centene (CNC) Q4 Earnings Beat on Membership Growth, View Up

Centene Corporation (CNC) reported fourth-quarter 2023 adjusted earnings per share (EPS) of 45 cents, which beat the Zacks Consensus Estimate by 4.7%. The bottom line declined 47.7% year over year.Revenues of Centene amounted to $39.5 billion, which improved 11% year over year. The top line outpaced the consensus mark by 9.6%.The better-than-expected quarterly results benefited from growing marketplace membership, business wins and commercial growth. However, the positives were partially offset by rising op ...