Centene Reiterates FY24 Adj. EPS Outlook - Update

RTTNews | 548 dias atrás
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

Marcadores : CNC
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 | 631 dias atrás
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 | 1147 dias atrás
Bank Of England Cuts Rate In Tight Vote

Bank Of England Cuts Rate In Tight Vote

The Bank of England reduced its benchmark interest rate in a close call on Thursday suggesting that the monetary easing cycle is nearing an end as policymakers became more concerned about persistent inflation. The Monetary Policy Committee, headed by BoE Governor Andrew Bailey, voted 5-4 to cut the bank rate by 25 basis points to 4.00 percent.
RTTNews | 42 minutos atrás
Pound Jumps After BoE Rate Decision

Pound Jumps After BoE Rate Decision

The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.
RTTNews | 2h 6min atrás
CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%

CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%

French stocks are up in positive territory on Thursday, despite concerns about the impact of U.S. tariffs that come into force today. Investors are largely focusing on earnings, and digesting the Bank of England's interest rate decision.
RTTNews | 2h 8min atrás