Centene (CNC) Tops Q4 EPS by 4c; Approves Stock Split

Centene (NYSE: CNC) reported Q4 EPS of $1.74, $0.04 better than the analyst estimate of $1.70. Revenue for the quarter came in at $4.42 billion versus the consensus estimate of $4.62 billion.

On February 2, 2015, the Board of Directors declared a two-for-one split of Centene's common stock in the form of a 100% stock dividend to be distributed on February 19, 2015 to stockholders of record on February 12, 2015. The impact of the stock split is not reflected in this press release.

Michael F. Neidorff, Centene's Chairman and Chief Executive Officer, stated, "By any measure, 2014 was a significant year in the history of Centene. Membership grew by 1.2 million lives, revenue by almost 50%, and EPS by 55%. We are more diversified by product and geography - including our entry into the international market. We look forward to continued progress in 2015 and beyond."

For earnings history and earnings-related data on Centene (CNC) click here.

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