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CNC — Centene News Story

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Centene rises after lifting annual profit forecast

BUZZ-Centene rises after lifting annual profit forecast

** Shares of health insurer Centene CNC.N rise 3.8% to $66.50 premarket

** Co raises annual profit forecast to more than $4.80 per share, compared to previous expectation of above $3.40 per share

** Analysts expect a profit of $3.52 per share, as per data compiled by LSEG

** Co posts Q2 adjusted profit of $2.51 per share, beating estimate of $1.09 per share

** Posts Q2 revenue of $53.58 billion vs estimate of $47.62 billion

** As of last close, CNC up 55.7% YTD


(Reporting by Kunal Das in Bengaluru)

((Kunal.Das2@thomsonreuters.com;))

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