Centene Reiterates FY24 Adj. EPS Outlook - Update

RTTNews | vor 423 Tagen
Centene Reiterates FY24 Adj. EPS Outlook - Update

(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, healthcare company Centene Corp. (CNC) said it reiterates its 2024 adjusted earnings guidance floor of greater than $6.70 per share.

Meanwhile, the company is increasing its 2024 premium and service revenues guidance range by $2.5 billion to a range of $134.5 billion to $137.5 billion to reflect additional Commercial premium revenue from a stronger than expected Marketplace open enrollment.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $6.81 per share on revenues of $143.73 billion for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Centene Appoints Susan Smith As COO

Centene Appoints Susan Smith As COO

Healthcare company Centene Corp. (CNC) announced Wednesday the appointment of Susan Smith as its Chief Operating Officer (COO), effective January 1, 2024. She has worked at Centene since June 2023.
RTTNews | vor 506 Tagen
Centene Raises FY22 Outlook; Boosts Share Buyback

Centene Raises FY22 Outlook; Boosts Share Buyback

Ahead of its virtual investor meeting later on Friday, healthcare company Centene Corp. (CNC) increased its full-year 2022 adjusted earnings guidance range by $0.15 to a new range of $5.55 to $5.70 per share and increased its Premium and Service Revenues guidance range by $2.0 billion to a new range of $134.3 billion to $136.3 billion.
RTTNews | vor 1022 Tagen
German Factory Orders Stagnate In February

German Factory Orders Stagnate In February

Germany factory orders stagnated unexpectedly in February even though US importers brought forward imports to beat the impending tariffs. New orders in the manufacturing sector remained unchanged in February, reversing a 5.5 percent drop in January, Destatis reported Friday. Orders were forecast to grow 3.4 percent. Excluding large orders, new orders were 0.2 percent lower than in the previou
RTTNews | vor 5Std 22 Minuten
Antipodean Currencies Slide Amid Risk-off Mood; Safe-haven Swiss Franc Rises

Antipodean Currencies Slide Amid Risk-off Mood; Safe-haven Swiss Franc Rises

The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday amid increased risk-off mood by the investors, with some of the major markets being closed, as traders continue to assess the impact of the steeper-than-expected reciprocal tariffs imposed by U.S. President Donald Trump on U.S. trade partners.
RTTNews | vor 7Std 52 Minuten