Centene (CNC) Tops Q4 EPS by 3c; offers outlook

Centene (NYSE: CNC) reported Q4 EPS of $0.45, $0.03 better than the analyst estimate of $0.42. Revenue for the quarter came in at $39.46 billion versus the consensus estimate of $36.18 billion.

GUIDANCE

The Company is increasing its 2024 premium and service revenues guidance range by $2.5 billion to a range of $134.5 billion to $137.5 billion to reflect additional Commercial premium revenue from a stronger than expected Marketplace open enrollment. The Company reiterates its 2024 adjusted diluted EPS guidance floor of greater than $6.70.

For earnings history and earnings-related data on Centene (CNC) click here.

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