Centene (CNC) Q1 Earnings Beat on Premiums, '24 EPS View Hiked [Yahoo! Finance]
Centene Corporation (CNC)
Last centene corporation earnings: 4/28 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
centene.com/investors.html
Company Research
Source: Yahoo! Finance
Revenues advanced 3.9% year over year to $40.4 billion. The top line beat the consensus mark by 11%. The quarterly results benefited on the back of solid Marketplace membership growth and contract wins, which fetched improved premiums to the health insurer. Steady growth of the Medicare business also contributed to the upside. However, the positives were partly offset by elevated operating costs and a fall in Medicaid membership. Centene Corporation Price, Consensus and EPS Surprise Centene Corporation price-consensus-eps-surprise-chart | Centene Corporation Quote Quarterly Operational Update Revenues from Medicaid amounted to $21.5 billion, which slipped 3% year over year in the quarter under review, while Medicare revenues inched up 1% year over year to $5.9 billion. Additionally, commercial revenues of $7.8 billion climbed 48% year over year. Premiums of Centene rose 5% year over year to $35.5 billion, higher than the Zacks Consensus Estimate of $33 billion. The improv
Show less
Read more
Impact Snapshot
Event Time:
CNC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CNC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CNC alerts
High impacting Centene Corporation news events
Weekly update
A roundup of the hottest topics
CNC
News
- Meridian in Michigan and the Centene Foundation Announce $1.1 million Grant to Neighborhood Service OrganizationPR Newswire
- If EPS Growth Is Important To You, Centene (NYSE:CNC) Presents An Opportunity [Yahoo! Finance]Yahoo! Finance
- Alivi Health Appoints Shea Long as Chief Product Officer [Yahoo! Finance]Yahoo! Finance
- PureHealth reports $133.56m net profit for first quarter of 2024 [Yahoo! Finance]Yahoo! Finance
- Health Insurance Market To Reach USD 5.9 Trillion By 2032 | DataHorizzon Research [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