07:11 AM EDT, 04/26/2024 (MT Newswires) -- Centene ( CNC ) reported Q1 adjusted earnings Friday of $2.26 per diluted share, up from $2.11 a year earlier.

Analysts polled by Capital IQ expected $2.08.

Revenue for the quarter ended March 31 was $40.41 billion, up from $38.89 billion a year earlier.

Analysts surveyed by Capital IQ expected $36.40 billion.

The managed care company said it now expects 2024 adjusted earnings of at least $6.80 per diluted share, up from its prior guidance of at least $6.70. Analysts polled by Capital IQ expect $6.78.

Revenue for the year is expected between $147.5 billion and $150.5 billion. Analysts surveyed by Capital IQ expect $146.14 billion.

Shares of Centene ( CNC ) were up 1.7% in recent premarket activity.

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