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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Centene

Centene Corp. operates as a healthcare enterprise, which engages in the provision of programs and services to government sponsored healthcare programs. It operates through the following segments: Managed Care and Specialty Services. The Medicaid Managed Care segment provides health plan coverage to individuals through government subsidized programs through Medicaid. The Specialty Services segment offers healthcare services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations. The company was founded in 1984 and is headquartered in St. Louis, MO.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Centene exceeds earnings guidance, eyes growth in Marketplace products

Centene's Q4 2022 earnings call highlighted robust financial performance, successful execution of value-creation plans, and a focus on operational efficiency. While challenges in Medicare Advantage margins are anticipated, opportunities in the Marketplace business and cost-cutting initiatives offer avenues for growth. Strategic initiatives to address demographic shifts and enhance care relationships position Centene for future success.

Centene reports strong Q1 earnings, focuses on growth opportunities

Centene's Q1 performance reflects strength in financial results and a strategic outlook for future growth.
Despite challenges in Medicare profitability and Medicaid redeterminations, Centene remains focused on maximizing membership and maintaining high margins.
Opportunities in enhancing relationships, investing in infrastructure, and updating margin assumptions position Centene for long-term success.

Centene reports strong Q2 earnings, raises 2023 outlook amidst challenges

Centene's Q2 earnings call showcased robust financial performance, operational efficiencies, and strategic wins in Medicaid and Marketplace segments. While facing challenges in cost trends and Star ratings strategy, the company is well-positioned for growth through revenue expansion and value-creation initiatives. Opportunities for engagement with key stakeholders and successful outreach efforts present avenues for continued success.

Centene exceeds Q3 earnings expectations, eyes growth opportunities in 2024

Centene's Q3 2023 earnings call highlighted strong financial performance, progress in Medicaid redeterminations, and operational advancements. The company anticipates continued growth in adjusted EPS for 2023 and 2024, with a focus on margin expansion and operational efficiencies. Challenges include managing membership declines and addressing questions on business plans and cost implications.

Centene exceeds 2023 expectations, poised for growth in 2024

Centene's 2023 performance was strong, exceeding expectations and positioning the company for continued growth. Key initiatives in Medicaid, Medicare Advantage, and Marketplace are driving revenue growth and operational efficiency. Challenges in managing utilization trends and achieving target margins require ongoing attention.

Centene surpasses Q1 earnings expectations, eyes growth in Medicaid and Marketplace

Centene's Q1 performance exceeded expectations, showcasing strength in Medicaid and Marketplace segments.
While facing challenges in contract protests and operational clarity, the company's strategic focus on Medicare Advantage and growth opportunities remain key strengths.
With a robust financial outlook and ongoing initiatives for optimization, Centene is well-positioned for continued success in the healthcare market.
Investors can be optimistic about Centene's growth trajectory, supported by strong operational performance and strategic initiatives.

Centene reports robust Q2 earnings, eyes Medicaid rebound and Medicare growth

Centene's Q2 2024 earnings call highlighted strong performance, Medicaid challenges, and growth opportunities in Medicaid and Medicare markets. Leadership transitions and focus on program innovation are key areas of development for the company.

Centene surpasses Q3 earnings expectations, eyes growth amid challenges

Centene's Q3 performance exceeded expectations, driven by improvements in Medicaid and strong Medicare and Marketplace segments.
Despite challenges in Medicaid and competitive pressures, Centene remains confident in its future growth and operational enhancements.
The company's strategic focus on AI, margin expansion, and quality improvement positions it well for continued success and profitability.
Analyst inquiries and company responses highlighted key areas of focus and potential areas for improvement and growth.

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Centene Corp. is a healthcare enterprise, which engages in the provision of programs and services to government sponsored healthcare programs. It operates through the following segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment includes the Temporary Assistance for Needy Families program, Medicaid Expansion programs, the Aged, Blind or Disabled program, the Children's Health Insurance Program, Long-Term Services and Supports, Foster Care, Medicare-Medicaid Plans, which cover beneficiaries who are dually eligible for Medicaid and Medicare, and other state-based programs. The Medicare segment consists of Medicare Advantage, Medicare Supplement, Dual Eligible Special Needs Plans, and Medicare Prescription Drug Plans. The Commercial segment is involved in the Health Insurance Marketplace product along with individual, small group, and large group commercial health insurance products. The Other segment refers to pharmacy operations, Envolve Benefit Options’ vision and dental services, clinical healthcare, behavioral health, international operations, and corporate management companies. The company was founded in 1984 and is headquartered in St. Louis, MO.

SACRAMENTO, Calif.--(BUSINESS WIRE)--Health Net, a California-based health plan with award-winning customer service and a decade of experience driving health equity, announced that California residents can choose one of several Ambetter from Health Net health plans for affordable family and individual health coverage. The plans are available to qualifying persons on CoveredCalifornia.com. “The disruption and uncertainty caused by the national pandemic proved that Californians need affordable an

Californians can Choose Ambetter from Health Net for Affordable Family and Individual Health Coverage

ST. LOUIS, Nov. 3, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today that it has signed a definitive agreement to sell a majority stake in U.S. Medical Management, LLC (USMM) to Rubicon Founders; Valtruis, a WCAS company; Oak HC/FT; and HLM Venture Partners. Centene will retain a minority stake in USMM.

Centene Sells Majority Stake In U.S. Medical Management

ST. LOUIS, Nov. 2, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today it will present at the Bernstein Second Annual Operational Decisions Conference, to be held November 3-4, 2021. Centene will participate in a virtual format on Wednesday, November 3 rd at 3:30 p.m.

Centene To Present At Bernstein's 2nd Annual Operational Decisions Conference

The stock price of Centene, a full-line managed services company which services both government sponsored and private insurance health care programs, has seen a rise of 11% in a month (twenty-one trading days). The company recently reported upbeat Q3 results, with revenue of $32.4 billion and EPS.

What's Next For Centene Stock After An Upbeat Q3?

ST. LOUIS, Oct. 29, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) will host its 2022 Financial Guidance and Investor Meeting on Friday, December 10, 2021. The event will be presented in a hybrid format, with sell-side analysts invited to attend in person in New York City, accompanied by a simultaneous webcast, streamed live on the Company's website at www.centene.com, under the Investors section.

Centene Corporation To Host Hybrid 2022 Financial Guidance And Investor Meeting On December 10, 2021

Centene Corporation (NYSE: CNC)  has reported Q3 adjusted EPS of $1.26, slightly beating the consensus estimate of $1.25. Sales increased 11% Y/Y to $32.4 billion, ahead of the consensus of $31.62 billion.

Centene Raises Sales Outlook, Narrows Earnings Guidance For FY21

Centene Corporation (CNC) CEO Michael Neidorff on Q3 2021 Results - Earnings Call Transcript

Centene (CNC) delivered earnings and revenue surprises of -2.33% and 1.85%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Centene (CNC) Q3 Earnings Miss Estimates

Centene's (CNC) third-quarter results reflect improved revenues, better Medicare and Medicaid membership growth, partly offset by higher SG&A costs.

Centene's (CNC) Q3 Earnings Miss Estimates, Revenues Up Y/Y

Centene Corp. CNC, -1.83% beat estimates for the third quarter and offered above-consensus guidance on Tuesday, . The St. Louis-based company posted net income of $584 million, or 99 cents a share, for the quarter, up from $568 million, or 97 cents a share, in the year-earlier period.

Centene tops Q3 estimates and offers upbeat guidance

ST. LOUIS, Oct. 26, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today its financial results for the third quarter ended September 30, 2021, reporting diluted earnings per share (EPS) of $0.99 and adjusted diluted EPS of $1.26. In summary, the 2021 third quarter results were as follows: Total revenues (in millions) $ 32,406 Health benefits ratio 88.1 % SG&A expense ratio 8.8 % Adjusted SG&A expense ratio (1) 8.6 % GAAP diluted EPS $ 0.99 Adjusted diluted EPS (1) $ 1.26 Total cash flow provided by operations (in millions) $ 1,802 (1) A full reconciliation of the adjusted SG&A expense ratio and adjusted diluted EPS is shown on page 7 of this release.

Centene Corporation Reports Third Quarter 2021 Results

SACRAMENTO, Calif., Oct. 25, 2021 /PRNewswire/ -- Wellcare, a wholly owned subsidiary of Centene Corporation, announced today it received a 5-Star Rating (out of a possible five stars) from the Centers for Medicare & Medicaid Services (CMS) annual Star Quality Ratings for Rating Year 2022.

Wellcare Medicare Advantage Plan in California Earns 5 out of 5 Stars in Annual CMS Star Quality Ratings

SACRAMENTO, Calif., Oct. 25, 2021 /PRNewswire/ -- Wellcare by Health Net announced today two of its Medicare contracts in California received a 4-Star Rating (out of a possible five stars) from the Centers for Medicare & Medicaid Services (CMS) annual Star Quality Ratings.

Wellcare by Health Net Medicare Advantage Plans in California Earn 4-Star Rating in Annual CMS Star Quality Ratings

Centene's (CNC) third-quarter results are likely to reflect better revenues and membership growth.

Centene (CNC) Gears Up for Q3 Earnings: What Lies Ahead?

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The Eaton Vance Worldwide Health Sciences Fund (Trades, Portfolio) disclosed its portfolio for the third quarter of the year earlier this week.

Top 5 Trades of the Eaton Vance Worldwide Health Sciences Fund

Shares of healthcare providers and insurers, including Centene Corp (NYSE: CNC) are trading higher in sympathy with Anthem, which gained after reporting better-than-expected third-quarter results and raising FY21 guidance. Anthem reported quarterly earnings of $6.79 per share which beat the analyst consensus estimate of $6.39 by 6.3%.

Why Centene Shares Are Rising

CHARLOTTE, N.C., Oct. 20, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) and Charlotte FC announced today a multi-year agreement, designating the company as the Official Health Insurance partner for the Club, which will kick off its inaugural campaign in 2022.

Charlotte FC and Centene Corporation Announce Multi-Year Partnership to Support Soccer Fans across the Carolinas

Centene is one of the market leaders in healthcare with a public profile, an appealing market with tremendous forward growth potential. A reader recently asked me to take a bit of a deeper look at the stock. Since it lacks a dividend, I wanted to be careful, but there is upside.

Centene: You May Want This Option

ST. LOUIS, Oct. 8, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) today announced that David L. Steward has retired from Centene's Board of Directors, effective October 6, 2021.

David Steward Retires From Centene's Board Of Directors

Centene (CNC) boosts its Medicare Advantage offerings in 1,575 counties across 36 states in a bid to provide affordable and quality healthcare.

Centene (CNC) Expands Medicare Advantage Offerings in 36 States

ST. LOUIS, Oct. 4, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today it plans to expand its Medicare Advantage offerings, offering its wide range of Medicare Advantage plans in 1,575 counties across 36 states during the 2022 Medicare Annual Enrollment Period (AEP). "At a time when many seniors and their families are still grappling with the effects of the pandemic, we are committed to expanding choice and access to high-quality, affordable Medicare plans during this year's Annual Enrollment Period," said Brent Layton, Centene's President and Chief Operating Officer.

Centene Expands Medicare Advantage Offerings for 2022

SACRAMENTO, Calif.--(BUSINESS WIRE)--In response to Gov. Gavin Newsom's declared state of emergency in Shasta County, California Health and Wellness is providing special assistance to members in the county. The company is taking steps to ensure members affected by the fire can access essential prescription medications and have important information about their benefits if their services are interrupted. Prescription Information During the duration of the state of emergency, members in counties

California Health and Wellness Assisting Members Across Shasta County During State of Emergency

TROY, Mich., Sept. 29, 2021 /PRNewswire/ -- The Centers for Medicare & Medicaid Services (CMS) released the 2020 performance year results for the Medicare Shared Savings Program (MSSP) Accountable Care Organizations (ACOs).

U.S. Medical Management Accountable Care Partners (ACO) Improves Quality of Care and Generates Shared Savings through CMS Shared Savings Program in 2020

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The Health insurance industry is poised to grow on the back of a better regulatory environment. Aging demography, automation plus mergers and acquisitions are other catalysts.

4 HMO Stocks in Focus as Government Backs Healthcare Reform

ST. LOUIS, Sept. 20, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) has teamed up with AT&T, Connected Nation, Dell Technologies, and Intel to bridge the Digital Divide among youth in foster care by enabling greater internet access.

News for Centene Stock (CNC)