Centene Corporation Reports 2017 First Quarter Results & Updates 2017 Guidance
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Centene (CNC) PT Raised to $85 at Jefferies; Reiterates Buy
April 26, 2017 9:21 AM EDTJefferies raised its price target on Centene (NYSE: CNC) to $85.00 (from $83.00) while maintaining a Buy rating. CNC reported 1Q EPS of $1.12, 8% ahead of consensus estimates. Higher revenue and lower MLR more than offset higher SG&A.
Analyst David Windley remains... More
Centene (CNC) PT Raised to $88 at Cantor Fitzgerald Following 1Q
April 26, 2017 7:39 AM EDTCantor Fitzgerald raised its price target on Centene (NYSE: CNC) to $88.00 (from $85.00) while maintaining a Overweight rating. Total 1Q revenue of $11.7 billion was above the FactSet consensus of $11.4 billion. Revenue growth was primarily driven by the HealthNet acquisition. Adjusted EPS of $1.12 were above the... More
Centene (CNC) Tops Q1 EPS by 7c
April 25, 2017 6:01 AM EDTCentene (NYSE: CNC) reported Q1 EPS of $1.12, $0.07 better than the analyst estimate of $1.05. Revenue for the quarter came in at $11.72 billion versus the consensus estimate of $11.42 billion.
First Quarter Highlights
March 31, 2017 managed care membership of 12.1 million, an increase of 605,000 members, or 5% over... More