Centene Stock News

Centene Corporation (NYSE:CNC ) Q4 2024 Earnings Conference Call February 4, 2025 8:30 AM ET Company Participants Jennifer Gilligan - Senior Vice President, Finance and Investor Relations Sarah London - Chief Executive Officer Andrew Asher - Executive Vice President and Chief Financial Officer Conference Call Participants Josh Raskin - Nefron Research Justin Lake - Wolfe Research Stephen Baxter...

Centene Tuesday reported $3.3 billion in 2024 profits as Obamacare enrollment and premium revenue helped overcome a big dip in Medicaid enrollment.

Centene beat Wall Street estimates for fourth-quarter profit on Tuesday, helped by strength in its commercial health insurance plans.

-- 2024 Full Year Diluted EPS of $6.31; Adjusted Diluted EPS of $7.17 -- 2024 adjusted diluted EPS of $7.17, up 7% from $6.68 in 2023. Membership increases of 12% in Marketplace and 50% in Medicare PDP, compared to the fourth quarter of 2023.

Trump has pledged to protect Social Security and Medicare throughout his campaign, one analyst noted, but this was the first time he added Medicaid to the list.

Most publicly traded US health insurers are forecast to report sequential revenue and earnings declines for the fourth quarter of 2024, according to S&P Global Market Intelligence analysis of sell-side analyst forecasts. Coming off a challenging end to 2024, the upcoming earnings season is an opportunity for managed care companies to focus on 2025 expectations and Medicare Advantage growth, acc...

ST. LOUIS , Jan. 15, 2025 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that it will release its 2024 fourth quarter and year-end financial results at approximately 6:00 a.m. ET on Tuesday, February 4, 2025, and host a conference call at 8:30 a.m.

First-of-its-kind health plan and housing agency partnership in Hawaii offers transitional housing and structured support for its most vulnerable members experiencing homelessness HILO, Hawaii , Jan. 14, 2025 /PRNewswire/ --  'Ohana Health Plan , a leading provider of government-sponsored managed care services in Hawaii and a Centene Corporation  company (NYSE: CNC), in partnership with Hope Se...