Centene rises on surprise quarterly profit

Molina Healthcare

29/10/2025 15:41

Updates

** Shares of health insurer Centene CNC.N rise 10.5% to $36.71 in late morning trading

** Stock set for its best day in three years, if gains hold

** Co reports Q3 adj. profit of 50 cents/shr vs analysts' average estimate of a loss of 14 cents/shr - LSEG data

** Co forecasts annual adj. profit of at least $2.00/shr, up from prior view of about $1.75 - CNC

** Analysts had expected $1.68/shr profit for 2025, per LSEG data

** Oppenheimer analyst Michael Wiederhorn expects investors to be very pleased with these results and outlook, given the challenging operating environment and its peers noting elevated Medicaid costs and pressures in Obamacare plans

** Including sessions move, stock down ~40% YTD

 (Reporting by Sahil Pandey in Bengaluru)

 ((Sahil.Pandey@thomsonreuters.com))