Centene (NYSE:CNC – Get Free Report) will issue its quarterly earnings data before the market opens on Friday, October 25th. Analysts expect the company to announce earnings of $1.60 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.
Centene (NYSE:CNC – Get Free Report) last announced its quarterly earnings results on Friday, July 26th. The company reported $2.42 EPS for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.02). Centene had a net margin of 1.79% and a return on equity of 14.45%. The business had revenue of $39.84 billion for the quarter, compared to the consensus estimate of $36.83 billion. During the same quarter last year, the firm posted $2.10 EPS. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. On average, analysts expect Centene to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Centene Stock Down 2.0 %
Centene stock opened at $59.82 on Thursday. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.64. The firm’s fifty day moving average price is $73.50 and its two-hundred day moving average price is $72.45. The firm has a market capitalization of $31.92 billion, a price-to-earnings ratio of 11.89, a price-to-earnings-growth ratio of 0.98 and a beta of 0.48. Centene has a 1-year low of $59.77 and a 1-year high of $81.42.
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About Centene
Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, commercial organizations, and military families in the United States. The company operates through Medicaid, Medicare, Commercial, and Other segments. The Medicaid segment offers health plan coverage, including medicaid expansion, aged, blind, disabled, children’s health insurance program, foster care, medicare-medicaid plans, long-term services and support.
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