Centene Corporation Reports First Quarter 2021 Results And Increases 2021 Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Centene (CNC) Tops Q1 EPS by 4c, Revenues Beat; Raises FY21 Revenues Guidance Above Consensus, Provides FY21 EPS Outlook
April 27, 2021 6:03 AM EDTCentene (NYSE: CNC) reported Q1 EPS of $1.63, $0.04 better than the analyst estimate of $1.59. Revenue for the quarter came in at $29.98 billion versus the consensus estimate of $29.5 billion.
First Quarter Highlights
March 31, 2021 managed care membership of 25.1 million, an increase of 1.3 million members, or 5%, compared to March 31, 2020.Total revenues of $30.0 billion for the first quarter of 2021, representing 15% growth compared to the first quarter of 2020.Health benefits ratio (HBR) of 86.8% for the first quarter of 2021, compared to 88.0% in the first quarter of 2020.Selling, general and administrative (SG&A) expense ratio of 8.4%... More