Centene beats quarterly profit estimates on commercial plan strength-March 2024-www.financetom.com

Centene beats quarterly profit estimates on commercial plan strength

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Centene beats quarterly profit estimates on commercial plan strength

Nov 3, 2024 11:23 AM

Oct 25 (Reuters) - Centene ( CNC ) beat Wall Street

estimates for third-quarter profit on Friday, as strength in its

commercial insurance business outweighed the impact of high

costs related to its government-backed Medicaid plans for

low-income people.

On an adjusted basis, the health insurer earned $1.62 per

share, compared with analysts' average estimate of $1.33 per

share, according to data compiled by LSEG.

Previous page： Neptune Flood Launches App in OpenAI's ChatGPT for Flood Insurance Quotes Next page： Market Chatter: Palantir Still Using Claude Despite Anthropic's Clash With Pentagon, CEO Says

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Neptune Flood Launches App in OpenAI's ChatGPT for Flood Insurance Quotes

Mar 12, 2026

10:09 AM EDT, 03/12/2026 (MT Newswires) -- Neptune Insurance's ( NP ) Neptune Flood unit said Thursday it has launched a digital flood insurance app in Microsoft ( MSFT )-backed (MSFT) OpenAI's ChatGPT. The app allows property owners to receive real-time preliminary flood insurance quotes within ChatGPT, the company said. Price: 18.71, Change: -0.20, Percent Change: -1.06 ...

Market Chatter: Palantir Still Using Claude Despite Anthropic's Clash With Pentagon, CEO Says

Mar 12, 2026

10:06 AM EDT, 03/12/2026 (MT Newswires) -- Palantir Technologies ( PLTR ) is still using Amazon ( AMZN )-backed (AMZN) Anthropic's Claude amid the AI startup's clash with the Pentagon, CNBC reported Thursday, citing an interview with Palantir ( PLTR ) CEO Alex Karp. The Department of Defense officially designated Anthropic as a supply-chain risk last week. (Market Chatter news...

Update: TIC Solutions Shares Fall After Q4 Results Miss Consensus

Mar 12, 2026

10:10 AM EDT, 03/12/2026 (MT Newswires) -- (Updates with recent stock movement in headline and first paragraph.) TIC Solutions ( TIC ) shares fell more than 17% in morning trading Thursday after the company reported Q4 results that fell short of analyst estimates. The company reported a Q4 net loss of $0.25 per diluted share, wider than a loss of...

United Rentals Launches AI-Powered Equipment Recommendation Tool

Mar 12, 2026

10:08 AM EDT, 03/12/2026 (MT Newswires) -- United Rentals ( URI ) said Thursday it has launched Equipment Agent, an artificial intelligence-powered tool designed to provide automated machinery recommendations for the rental industry. The digital assistant allows customers to describe project needs in plain language to receive tailored equipment suggestions, the company said, adding that the interface compares specifications, including...