July 26 (Reuters) - Centene Corp ( CNC ) beat Wall

Street estimates for second-quarter profit on Friday following

the company's announcement that it was no longer required to

make a $1.3 billion payment related to its government-sponsored

Medicaid offerings.

The results follow the company's preliminary earnings

report on Tuesday.

On an adjusted basis, the company earned $2.42 per share

compared with analysts' average estimate of $2.07 per share,

according to LSEG data.