Centene (CNC) Reports 2018 EPS Guidance; Confirms 2017 Guidance
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Centene Corporation Announces 2018 Guidance And Confirms 2017 Guidance
December 14, 2017 4:15 PM ESTST. LOUIS, Dec. 14, 2017 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today its 2018 financial guidance. Total revenue is expected to be $60.0 billion to $60.8 billion, representing growth of approximately 26% compared to the midpoint of the 2017 guidance range. Diluted earnings per share are expected to be $4.63 to $4.97, representing an increase of 17% compared to the 2017 guidance range of $4.04 to $4.18. Adjusted diluted earnings per share are expected to be $5.47 to $5.87.
For 2018 guidance purposes and consistent with past practice, the Company is providing combined guidance and has assumed the Fidelis acquisition closes on April 1, 2018; however, the acquisition remains... More
