Centene Corporation Reports 2019 Third Quarter Results
Centene Corporation (CNC)
Last centene corporation earnings: 4/28 06:00 am
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US:NYSE Investor Relations:
centene.com/investors.html
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Source: PR Newswire
ST. LOUIS, Oct. 22, 2019 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today its financial results for the third quarter ended September 30, 2019, reporting diluted earnings per share (EPS) of $0.23, and Adjusted Diluted EPS of $0.96.In summary, the 2019 third quarter results were as follows:Total revenues (in millions)$18,976Health benefits ratio88.2%SG&A expense ratio8.9%GAAP diluted EPS$0.23Adjusted Diluted EPS (1)$0.96Total cash flow used in operations (in millions) (2)$(99)(1) A full reconciliation of Adjusted Diluted EPS is shown beginning on page seven of this release.(2) Consistent with previous years, the third quarter cash flow was negatively impacted by approximately $1.0 billion of payments related to the 2018 risk adjustment and minimum MLR programs."We are pleased with our third quarter results which reflect growth in our marketplace business, Medicaid business, and new programs, demonstrating the benefits of our diversification strategy on our healthcare ent
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News
- Centene Co. (NYSE: CNC) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $110.00 price target on the stock.MarketBeat
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- Returns On Capital At Centene (NYSE:CNC) Have Hit The Brakes [Yahoo! Finance]Yahoo! Finance
- Centene (CNC) Q1 Earnings Beat on Premiums, '24 EPS View Hiked [Yahoo! Finance]Yahoo! Finance
- Centene (CNC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
CNC
Earnings
- 4/26/24 - Beat
CNC
Sec Filings
- 4/29/24 - Form 4
- 4/26/24 - Form 10-Q
- 4/26/24 - Form 8-K
- CNC's page on the SEC website