Pre-market futures are up after a couple mixed days this week. We appear to be on something of a different trajectory this week — or likely a holding pattern — after a robust early autumn that saw a good start to October after an unseasonably profitable September.But until the General Election on November 5th — and, let’s face it, that whole trading week will likely pass before we know who wins the presidency — we don’t expect much directional impetus in the stock market. Currently, the Dow is +99 points, t ...

Key TakeawaysCentene grew its membership rolls and premium and service revenue in the third quarter, and shares surged Friday.The managed care and health insurance provider beat profit and sales estimates, and boosted its outlook.CEO Sarah London said the company navigated "a dynamic landscape" in the quarter. Centene (CNC) shares surged more than 10% Friday morning as the managed care and health insurance provider's third-quarter results easily beat estimates as it boosted its membership rolls and premium ...

Centene Corporation (NYSE:CNC) Q3 2024 Earnings Conference Call October 25, 2024 8:30 AM ET Company Participants Jennifer Gilligan - Senior Vice President, Finance and Investor Relations Sarah London - Chief Executive Officer Andrew Asher - Executive Vice President and Chief Financial Officer Conference Call Participants Stephen Baxter - Wells Fargo Josh Raskin - Nefron Research A.J. Rice - UBS Justin Lake - Wolfe Research Sarah James - Cantor Fitzgerald Andrew Mok - Barclays Lance Wilkes - Bernstein Adam R ...

Friday, October 25, 2024 Pre-market futures are up after a couple mixed days this week. We appear to be on something of a different trajectory this week — or likely a holding pattern — after a robust early autumn that saw a good start to October after an unseasonably profitable September. But until the General Election on November 5th — and, let's face it, that whole trading week will likely pass before we know who wins the presidency — we don't expect much directional impetus in the stock market. Currently ...

For the quarter ended September 2024, Centene (CNC) reported revenue of $42.02 billion, up 10.5% over the same period last year. EPS came in at $1.62, compared to $2.00 in the year-ago quarter. The reported revenue represents a surprise of +10.86% over the Zacks Consensus Estimate of $37.91 billion. With the consensus EPS estimate being $1.39, the EPS surprise was +16.55%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...

Centene (CNC) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $2 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.55%. A quarter ago, it was expected that this healthcare company would post earnings of $2.44 per share when it actually produced earnings of $2.42, delivering a surprise of -0.82%.Over the last four quarters, the company h ...

On Friday, Centene Corporation CNC third-quarter sales of $42.02 billion, up 10.5% year-over-year, beating the consensus of $37.69 billion.Centene earned an adjusted EPS of $1.62 during the quarter, beating the consensus of $1.38.For the third quarter of 2024, premium and service revenues increased 6% to $36.9 billion, primarily driven by Medicaid rate increases and membership growth in the Marketplace business due to strong product positioning and overall market growth, partially offset by lower Medicaid m ...

Centene reported a third quarter profit of $713 million as Obamacare enrollment and premium revenue ... [+] helped overcome a big dip in Medicaid enrollment, the company said October 25, 2024. In this photo, the building housing Centene Corporation headquarters is seen Thursday, July 2, 2015, in Clayton, Mo. (AP Photo/Jeff Roberson)ASSOCIATED PRESSCentene reported a third quarter profit of $713 million as Obamacare enrollment and premium revenue helped overcome a big dip in Medicaid enrollment.Centene, whic ...

-- Diluted EPS of $1.36; Adjusted Diluted EPS of $1.62 ---- Reaffirms 2024 Adjusted Diluted EPS Guidance Floor of Greater Than $6.80 -- Adjusted diluted EPS of $1.62 in the third quarter of 2024. Premium and service revenues of $36.9 billion in the third quarter of 2024. Membership increases of 22% in Marketplace and 49% in Medicare Prescription Drug Plans, compared to the third quarter of 2023. Continued execution on capital deployment with $1.2 billion of share repurchases during the third quarter of 2024 ...

Exhibit 99.1 N E W S R E L E A S E | --- | --- | |----------------------------------------------------------------------------------|---------------------------------------------------------------------| | | | | Investor Relations Inquiries | Media Inquiries | | Jennifer Gilligan | Isabella Wiltse | | Senior Vice President, Finance & Investor Relations (212) 549-1306 | Vice President, Media & Public Relations (314) 445-0790 | FOR IMMEDIATE RELEASE CENTENE CORPORATION REPORTS THIRD QUARTER 2024 RESULTS -- Di ...