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)
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