financetom
Business
financetom
/
Business
/
Centene Q2 Adjusted Earnings, Revenue Increase; Raises 2024 Revenue Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Centene Q2 Adjusted Earnings, Revenue Increase; Raises 2024 Revenue Guidance
Jul 26, 2024 4:51 AM

06:41 AM EDT, 07/26/2024 (MT Newswires) -- Centene ( CNC ) reported Q2 adjusted earnings Friday of $2.42 per diluted share, up from $2.10 a year earlier.

Analysts polled by Capital IQ expected $2.09.

Revenue for the quarter ended June 30 was $39.84 billion, up from $37.61 billion a year earlier.

Analysts polled by Capital IQ expected $36.7 billion.

The company said it continues to expect full-year 2024 adjusted EPS to be greater than $6.80. Analysts surveyed by Capital IQ are expecting $6.83.

Revenue for the year is now expected to be from $155 billion to $157 billion, higher than the previous outlook of $147.5 billion to $150.5 billion. Analysts surveyed by Capital IQ are expecting $150.4 billion.

Price: 69.72, Change: +2.32, Percent Change: +3.44

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.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved