Centene lifts annual profit forecast on better cost control
Centene lifts annual profit forecast on better cost control Oct 27 (Reuters) - Health insurer Centene CNC.N raised its annual profit forecast on Tuesday, as it expects to keep medical costs in check.
The company now sees 2026 adjusted profit to be more than $5.20 per share, higher than its previous expectation of more than $4.80 per share. Analysts expected a profit of $4.88, per data compiled by LSEG.
(Reporting by Padmanabhan Ananthan and Sneha S K in Bengaluru; Editing by Shinjini Ganguli)
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