Dec 12 (Reuters) - U.S. health insurer Centene ( CNC )
forecast a better-than-expected profit for 2025 on Thursday,
betting on the strength of its commercial plans to neutralize
higher costs in its government-backed health plans.
The insurer expects 2025 adjusted profit greater than $7.25
per share, compared with analysts' average estimate of $6.97,
according to data compiled by LSEG.
Centene ( CNC ) gave the forecast ahead of its investor day, which
was changed to a virtual event after the fatal shooting of Brian
Thompson, the CEO of UnitedHealth Group's ( UNH ) health
insurance unit, in New York last week.
(Reporting by Mariam Sunny and Christy Santhosh in Bengaluru;
Editing by Sriraj Kalluvila)