Centene Corp reports results for the quarter ended June 30 - Earnings Summary
Centene Corp reports results for the quarter ended June 30 - Earnings Summary
Centene Corp CNC.N reported quarterly adjusted earnings of $2.51 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -16 cents. The mean expectation of twenty one analysts for the quarter was for earnings of $1.09 per share. Wall Street expected results to range from 41 cents to $1.94 per share.
Revenue rose 9.9% to $53.58 billion from a year ago; analysts expected $47.62 billion.
Centene Corp's reported EPS for the quarter was $2.19.
The company reported quarterly net income of $1.09 billion.
Centene Corp shares had fallen by 0.2% this quarter and gained 55.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.3% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 14 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the managed healthcare peer group is "buy."
Wall Street's median 12-month price target for Centene Corp is $69.00, about 7.1% above its last closing price of $64.08
This summary was machine generated from LSEG data July 28 at 11:01 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.09 | 2.51 | Beat |
Mar. 31 2026 | 2.13 | 3.37 | Beat |
Dec. 31 2025 | -1.22 | -1.19 | Beat |
Sep. 30 2025 | -0.14 | 0.50 | Beat |
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