What's Behind Centene's Disappointing Q1 Update [The Motley Fool]
Centene Corporation (CNC)
Last centene corporation earnings: 4/28 06:00 am
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centene.com/investors.html
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Source: The Motley Fool
Coming into this week,Centene Corporation(NYSE:CNCBut that momentum was put in jeopardy as Centene announced its first-quarter results before the market opened on Tuesday. Here are the highlights from the managed care company's Q update.Image source: Getty Images.By the numbersCentene reported Q revenue of $6 billion, a % jump from the $8. billion reported in the same quarter of the previous year. This result also handily beat the average analysts' revenue estimate of $. billion.The company announced net income in the first quarter of $6 million, or $0.08 per share, based on generally accepted accounting principles (GAAPCentene recorded adjusted net income in the first quarter of $76 million, or $0.86 per share. In the same quarter of 09, the company generated adjusted net income of $8 million, or $.9 per share. The consensus Wall Street estimate called for Q adjusted earnings of $0.99 per share.Behind the numbersBoth the tremendous revenue growth and the sharp earnings decline for Ce
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News
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CNC
Earnings
- 10/29/25 - Beat
CNC
Sec Filings
- 12/4/25 - Form 144
- 12/3/25 - Form 144
- 11/10/25 - Form 8-K
- CNC's page on the SEC website