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Centene's (CNC) Q3 Earnings and Revenues Beat Estimates
Centene Inc. CNC delivered third-quarter 2019 adjusted earnings per share of 96 cents, beating the Zacks Consensus Estimate by 1.1%. Also, the bottom line improved 5.6% year over year on the back of higher revenues.
In the third quarter, total revenues rose 17% to $19 billion from the year-ago period, primarily aided by the Health Insurance Marketplace business, expansions and new programs across many states in 2018 as well as 2019. Moreover, the top line surpassed the Zacks Consensus Estimate by nearly 3.3%. However, this upside was offset by the health insurer fee moratorium to some extent.
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https://finance.yahoo.com/news/centenes-...03800.html
![[Bild: CNCc1dl1739.png]](https://finviz.com/publish/102219/CNCc1dl1739.png)
Centene Inc. CNC delivered third-quarter 2019 adjusted earnings per share of 96 cents, beating the Zacks Consensus Estimate by 1.1%. Also, the bottom line improved 5.6% year over year on the back of higher revenues.
In the third quarter, total revenues rose 17% to $19 billion from the year-ago period, primarily aided by the Health Insurance Marketplace business, expansions and new programs across many states in 2018 as well as 2019. Moreover, the top line surpassed the Zacks Consensus Estimate by nearly 3.3%. However, this upside was offset by the health insurer fee moratorium to some extent.
...
https://finance.yahoo.com/news/centenes-...03800.html
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