Centene and WellCare Announce Approval of Pending Transaction by New York State Insurance and Healthcare Departments
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Centene (CNC) Reports In-Line Q3 EPS, Revenues Beat; Offers FY19 Revenue Guidance Below Consensus, Offers FY19 EPS Outlook
October 22, 2019 6:07 AM EDTCentene (NYSE: CNC) reported Q3 EPS of $0.96, in-line with the analyst estimate of $0.96. Revenue for the quarter came in at $18.98 billion versus the consensus estimate of $18.41 billion.
Third Quarter Highlights
September 30, 2019 managed care membership of 15.3 million, an increase of 884,200 members, or 6%, over September 30, 2018.Total revenues for the third quarter of 2019 of $19.0 billion, representing 17% growth compared to the third quarter of 2018.Health... More