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Centene Corp (CNC) reports a mixed quarter with revenue growth but faces earnings pressure, while outlining strategic plans for margin recovery and future profitability.
Citing cost pressures, Centene posted a $253 million loss in Q2, with stocks taking a hit upon news of the earnings miss.Shares of the company lost about 10% in early premarket trading on Friday, ...
Centene ( ($CNC) ) has released its Q2 earnings. Here is a breakdown of the information Centene presented to its investors. Centene Corporation is ...
In its second quarter, the Clayton-based company lost $253 million dollars, 51 cents a share. In the same period last year, ...
Centene expects to deliver improved profitability in its three government-backed healthcare insurance businesses in 2026, it ...
Wall Street regained confidence in Medicaid insurers after Centene said on Friday it expects to be able to raise rates ...
Centene posted a $253 million loss in the second quarter as it navigates significant cost pressures on the Affordable Care ...
CNC reports rare Q2 loss amid surging medical costs, lower investment and other income despite strong revenue growth.
Centene represents a countercyclical investment opportunity in managed care, as it can benefit from economic downturns through increasing enrollment in its Medicaid and individual exchange products.
On the post-earnings call with analysts, Chief Executive Sarah London said the current forecast for 2025 adjusted earnings per share, which excludes nonrecurring items, was $1.75. That was down from ...
Centene stock tumbled after reporting a surprise Q2 loss, driven by rising medical costs and a weak outlook, shaking ...
The story has been updated with executive comment and stock price change Healthcare insurance giant Centene Corporation (NYSE ...