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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.

Humana

On Friday, Centene Corp (NYSE:CNC) shares surged more than 4% in the morning after reports emerged suggesting American health insurance company Humana Inc. (NYSE:HUM) was planning an acquisition. StreetInsider pointed to speculative chatter that a Humana private jet was spotted near Centene's headquarters in St. Louis.

Should you buy CNC shares? Humana reportedly wants to buy Centene

Riding high on strategic initiatives and operational excellence, Centene (CNC) holds potential to reap benefits for investors.

Why Should You Hold Centene (CNC) in Your Portfolio Now?

ST. LOUIS, Sept. 14, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) today issued a reminder that it will release its 2021 third quarter financial results at approximately 6 a.m.

Reminder: Centene Corporation's 2021 Third Quarter Financial Results Conference Call

SACRAMENTO--(BUSINESS WIRE)--In response to Gov. Gavin Newsom's declared state of emergency in Lake 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 affected b

California Health and Wellness Assisting Members Across Lake County during State of Emergency

ST. LOUIS, Sept. 7, 2021 /PRNewswire/ -- Centene today announced two key appointments, further aligning our organization structure and operating model with our strategic priorities and accelerating impact to the business and value creation.

Centene's Board Of Directors Appoints Sarah London As Vice Chairman

ST. LOUIS, Sept. 3, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today it will present at the Morgan Stanley 19th Annual Healthcare Conference, to be held September 9-10 and 13-14, 2021.

Centene To Present At Morgan Stanley Healthcare Conference

Our theme of Out Of Favor Health Care Stocks includes healthcare and pharma names that are seeing a disconnect between their financial performance and recent stock price returns. The theme remains down by about 27% year-to-date, compared to the S&P 500 which is up by a solid 21%.

Centene, ACADIA: Why These Out Of Favor Health Care Stocks Are Worth A Look

SACRAMENTO, Calif.--(BUSINESS WIRE)--Health Net, one of California's most established and experienced health plans has been named by Newsweek to the publisher's annual “America's Best Customer Service” ranking among health insurance plans. “We are delighted to be recognized on Newsweek's list of America's Best Customer Service 2022. This recognition proves again that the experience, empathy and expertise we offer our members is what they need to live healthier lives,” says Health Net President

Health Net Named by Newsweek to Annual “America's Best Customer Service” Ranking

SACRAMENTO--(BUSINESS WIRE)--In response to Gov. Gavin Newsom's declared state of emergency in Alpine, Amador and Placer Counties, California Health and Wellness is providing special assistance to members in these counties. 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, mem

California Health and Wellness Assisting Members Across Alpine, Amador and Placer Counties During State of Emergency

SACRAMENTO, Calif.--(BUSINESS WIRE)--Martha Santana-Chin, Medi-Cal President of Health Net, has been has been named “Insurance Executive of the Year” by the Los Angeles Business Journal. The business journal recently announced its 2021 Health Care Leadership Awards, which recognized Santana-Chin and 15 other organizations and individuals in Los Angeles for their contributions to the health care sector during the COVID-19 pandemic. In her role as Health Net's Medi-Cal President, Santana-Chin pro

Health Net's Martha Santana-Chin Named “Insurance Executive of the Year” by the Los Angeles Business Journal

TROY, Mich., Aug. 30, 2021 /PRNewswire/ -- U.S. Medical Management (USMM) is proud to be Certified™ by Great Place to Work®.

U.S. Medical Management (USMM) Earns 2021 Great Place to Work Certification™

Centene (CNC) reported earnings 30 days ago. What's next for the stock?

Centene (CNC) Down 8.9% Since Last Earnings Report: Can It Rebound?

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Lee Ainslie (Trades, Portfolio), the founder and CEO of Maverick Capital, recently disclosed the firm's 13F portfolio changes for the second quarter of 2020, which ended on June 30.

Top 2nd-Quarter Buys of Lee Ainslie's Maverick Capital

SACRAMENTO, Calif.--(BUSINESS WIRE)--In response to Gov. Gavin Newsom's declared states of emergency in El Dorado County, California Health & 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 For the duration of the state of emergency, members in counti

California Health & Wellness Assisting Members Across El Dorado County during State of Emergency

Centene's (CNC) recent contract win aims to enhance health outcomes for Medicaid members of Nevada.

Centene (CNC) Nevada Unit Gets Contract to Aid Medicaid Members

Centene's (CNC) Ohio subsidiary intends to improve health outcomes of the state's Medicaid members through the recent contract win from the Ohio Department of Medicaid.

Centene's (CNC) Contract Win to Aid Medicaid Members in Ohio

ST. LOUIS, Aug. 18, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today that its Nevada subsidiary, SilverSummit Healthplan, Inc., has been awarded a contract from the Nevada Department of Health and Human Services - Health Care Financing and Policy to continue providing managed care services for its Medicaid Managed Care program in both Clark and Washoe Counties. "Centene is pleased to continue our important work with the state of Nevada to expand on innovation and value-based care for Nevada residents," said Brent Layton, President of US Markets, Products and International, and Executive Vice President, for Centene.

Centene's Nevada Health Plan Awarded Medicaid Managed Care Contract

ST. LOUIS, Aug. 17, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today its Ohio subsidiary, Buckeye Health Plan, has been awarded a Medicaid contract by the Ohio Department of Medicaid to continue serving members with quality healthcare, coordinated services, and benefits. The contract will commence in early 2022.

Centene Subsidiary Buckeye Health Plan Awarded Ohio Medicaid Contract

ST. LOUIS, Aug. 16, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today Rich Fisher has been appointed to Senior Vice President and Medicare CEO. Mr. Fisher will play a critical role overseeing the Company's Medicare strategy, product development, sales, and operations.

Centene Names Rich Fisher SVP And Medicare CEO

SACRAMENTO, Calif.--(BUSINESS WIRE)--In response to Gov. Gavin Newsom's declared state of emergency in Tehama 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 Tehama County during State of Emergency

SACRAMENTO, Calif.--(BUSINESS WIRE)--In response to Gov. Gavin Newsom's declared states of emergency in Nevada and Placer Counties, California Health & Wellness is providing special assistance to members in these counties. 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,

California Health & Wellness Assisting Members Across Nevada and Placer Counties During State of Emergency

ST. LOUIS, Aug. 5, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) today announced it is taking additional steps to further protect members and employees from COVID-19, to educate its key stakeholders about the benefits of the vaccine, and to prepare for anticipated vaccine and testing requirements for companies that hold federal contracts. Earlier this week, the company requested all employees to provide proof of their COVID-19 vaccination as soon as possible.

Centene Announces Additional Actions To Further Protect Members And Employees From COVID-19

The stock price of Centene, a full-line managed services company which services both government sponsored and private insurance health care programs, reached its all-time high of $75 last month, before a recent sell-off in the stock, which led to over an 8% drop in its price to levels of $69.

Will Centene Stock Rebound After An 8% Drop Last Week?

ST. LOUIS, Aug. 2, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today its North Carolina subsidiary, Carolina Complete Health – a provider-led health plan established in partnership with the North Carolina Medical Society and working in conjunction with the North Carolina Community Health Center Association – will help coordinate integrated physical health, behavioral health, long-term care, pharmacy services, and unmet health-related resource needs for individuals with significant behavioral health conditions with two of the newly awarded Local Management Entities/Managed Care Organizations (LME/MCOs) for Behavioral Health I/DD Tailored Plans. The North Carolina Department of Health and Human Services announced that Partners Health Management and Trillium Health Resources will begin operating as Tailored Plans when the program goes live, which is anticipated to occur on July 1, 2022.

Centene Affiliate Carolina Complete Health To Partner With Selected Behavioral Health I/DD Tailored Plans

ST. LOUIS, Aug. 2, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today its North Carolina subsidiary, WellCare of North Carolina, will help coordinate physical health services for multiple Local Management Entities/Managed Care Organizations (LME/MCOs) for the state's Behavioral Health and Intellectual/Developmental Disability Tailored Plans (Behavioral Health I/DD Tailored Plans). The North Carolina Department of Health and Human Services announced that awardees are anticipated to begin operating as Tailored Plans on July 1, 2022.

News for Centene Stock (CNC)