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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Centene

Centene Corp. operates as a healthcare enterprise, which engages in the provision of programs and services to government sponsored healthcare programs. It operates through the following segments: Managed Care and Specialty Services. The Medicaid Managed Care segment provides health plan coverage to individuals through government subsidized programs through Medicaid. The Specialty Services segment offers healthcare services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations. The company was founded in 1984 and is headquartered in St. Louis, MO.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Centene exceeds earnings guidance, eyes growth in Marketplace products

Centene's Q4 2022 earnings call highlighted robust financial performance, successful execution of value-creation plans, and a focus on operational efficiency. While challenges in Medicare Advantage margins are anticipated, opportunities in the Marketplace business and cost-cutting initiatives offer avenues for growth. Strategic initiatives to address demographic shifts and enhance care relationships position Centene for future success.

Centene reports strong Q1 earnings, focuses on growth opportunities

Centene's Q1 performance reflects strength in financial results and a strategic outlook for future growth.
Despite challenges in Medicare profitability and Medicaid redeterminations, Centene remains focused on maximizing membership and maintaining high margins.
Opportunities in enhancing relationships, investing in infrastructure, and updating margin assumptions position Centene for long-term success.

Centene reports strong Q2 earnings, raises 2023 outlook amidst challenges

Centene's Q2 earnings call showcased robust financial performance, operational efficiencies, and strategic wins in Medicaid and Marketplace segments. While facing challenges in cost trends and Star ratings strategy, the company is well-positioned for growth through revenue expansion and value-creation initiatives. Opportunities for engagement with key stakeholders and successful outreach efforts present avenues for continued success.

Centene exceeds Q3 earnings expectations, eyes growth opportunities in 2024

Centene's Q3 2023 earnings call highlighted strong financial performance, progress in Medicaid redeterminations, and operational advancements. The company anticipates continued growth in adjusted EPS for 2023 and 2024, with a focus on margin expansion and operational efficiencies. Challenges include managing membership declines and addressing questions on business plans and cost implications.

Centene exceeds 2023 expectations, poised for growth in 2024

Centene's 2023 performance was strong, exceeding expectations and positioning the company for continued growth. Key initiatives in Medicaid, Medicare Advantage, and Marketplace are driving revenue growth and operational efficiency. Challenges in managing utilization trends and achieving target margins require ongoing attention.

Centene surpasses Q1 earnings expectations, eyes growth in Medicaid and Marketplace

Centene's Q1 performance exceeded expectations, showcasing strength in Medicaid and Marketplace segments.
While facing challenges in contract protests and operational clarity, the company's strategic focus on Medicare Advantage and growth opportunities remain key strengths.
With a robust financial outlook and ongoing initiatives for optimization, Centene is well-positioned for continued success in the healthcare market.
Investors can be optimistic about Centene's growth trajectory, supported by strong operational performance and strategic initiatives.

Centene reports robust Q2 earnings, eyes Medicaid rebound and Medicare growth

Centene's Q2 2024 earnings call highlighted strong performance, Medicaid challenges, and growth opportunities in Medicaid and Medicare markets. Leadership transitions and focus on program innovation are key areas of development for the company.

Centene surpasses Q3 earnings expectations, eyes growth amid challenges

Centene's Q3 performance exceeded expectations, driven by improvements in Medicaid and strong Medicare and Marketplace segments.
Despite challenges in Medicaid and competitive pressures, Centene remains confident in its future growth and operational enhancements.
The company's strategic focus on AI, margin expansion, and quality improvement positions it well for continued success and profitability.
Analyst inquiries and company responses highlighted key areas of focus and potential areas for improvement and growth.

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Centene Corp. is a healthcare enterprise, which engages in the provision of programs and services to government sponsored healthcare programs. It operates through the following segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment includes the Temporary Assistance for Needy Families program, Medicaid Expansion programs, the Aged, Blind or Disabled program, the Children's Health Insurance Program, Long-Term Services and Supports, Foster Care, Medicare-Medicaid Plans, which cover beneficiaries who are dually eligible for Medicaid and Medicare, and other state-based programs. The Medicare segment consists of Medicare Advantage, Medicare Supplement, Dual Eligible Special Needs Plans, and Medicare Prescription Drug Plans. The Commercial segment is involved in the Health Insurance Marketplace product along with individual, small group, and large group commercial health insurance products. The Other segment refers to pharmacy operations, Envolve Benefit Options’ vision and dental services, clinical healthcare, behavioral health, international operations, and corporate management companies. The company was founded in 1984 and is headquartered in St. Louis, MO.

ST. LOUIS, June 14, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) today announced that it has reached no-fault agreements with the Attorneys General of Ohio and Mississippi to resolve claims made by the states related to services provided by Envolve Pharmacy Solutions, Inc. (Envolve), its pharmacy benefits manager subsidiary.  Under the terms of these agreements, Centene will pay $88 million to Ohio and $55 million to Mississippi.

Centene Reaches No-Fault Agreements with Ohio and Mississippi to Resolve Pharmacy Subsidiary Claims

We have traded this healthcare provider a few times in the past. We think this one is a growth stock masquerading as a value stock.

The New Adventures Of Old Centene

I will soon be adding Centene to my portfolio.

Centene: An Undervalued Stock In An Expensive Market

ST. LOUIS, June 8, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today the launch of a new initiative to encourage Centene health plan members, as well as all Americans, to receive the COVID-19 vaccine. This week, Centene will begin working with network physicians to deploy a call campaign to its health plan members nationwide.

Centene Announces Nationwide Vaccination Education and Outreach Initiative

New executives and confirmation that an acquisition will close soon sparked a rally in the shares.

Why Centene Stock Was Up 19% in May

Centene (CNC) reported earnings 30 days ago. What's next for the stock?

Why Is Centene (CNC) Up 23.5% Since Last Earnings Report?

ST. LOUIS, May 27, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) will host its next Investor Meeting in a virtual format on Wednesday, June 16 th, 2021. Michael F.

Centene Corporation to Host Virtual Investor Meeting on June 16, 2021

ST. LOUIS, May 27, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) through its foundation, the Centene Charitable Foundation, has pledged to match the first $1 million in corporate donations to the Hispanic Family Equity Fund. The fund, which was launched by the Healthy Americas Foundation (HAF), the supporting organization of the National Alliance for Hispanic Health, aims to support Hispanic families in the post-pandemic recovery.

Centene Charitable Foundation Pledges To Match Up To $1 Million In Contributions To Hispanic Family Equity Fund

ST. LOUIS, May 24, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today it will present at Bernstein's 37th Annual Strategic Decisions Conference, to be held June 2-4, 2021. Centene will participate in a virtual format on Thursday, June 3 rd at 8:00 a.m.

Centene to Present at Bernstein Strategic Decisions Conference

ST. LOUIS, May 24, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) today announced that Suzy DePrizio has been appointed as Senior Vice President, Chief Marketing Officer, effective today. Ms. DePrizio will play a critical role leading the marketing strategy, brand position and advertising for the company.

Centene Appoints Suzy DePrizio as Chief Marketing Officer

ST. LOUIS, May 18, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) today announced its support for National Mental Health Month through a number of initiatives that empower providers and individuals to address behavioral health challenges, including substance use disorder (SUD). This year, the observance carries added significance as communities attempt to recover from the COVID-19 pandemic and the additional stressors that impacted overall health, including fear, isolation, and economic anxiety.

Centene Addresses Behavioral Health Challenges Amid National Mental Health Month

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Special enrollment period will be a boost to insurers??? top lines who are providing health plans on federal exchanges.

Health Insurers to Gain From Biden Open Enrollment Expansion

Centene (CNC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Centene (CNC) Stock Jumps 8.1%: Will It Continue to Soar?

ST. LOUIS, May 7, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today it will present at the BofA Securities 2021 Healthcare Conference, to be held May 11-13, 2021 Centene will participate in a virtual format on Wednesday, May 12 th at 10:15 a.m. Eastern Daylight Time (EDT).

Centene To Present At BofA Virtual Healthcare Conference

ST. LOUIS, May 7, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today that Drew Asher is appointed Executive Vice President and Chief Financial Officer, effective today. He will report to Michael Neidorff, Centene Chairman, President and CEO.

Centene Appoints Drew Asher as Chief Financial Officer

LOS ANGELES--(BUSINESS WIRE)--Health Net, in partnership with Physicians for a Healthy California (PHC), announced today the launch of a seven-part cultural competency education series for providers in California. The comprehensive series focuses on educating local providers on how to deliver culturally competent care in diverse communities. The series will better equip providers to overcome health disparities that are driven by: Language barriers Misunderstanding of cultural based concepts and

California Providers Receive Cultural Competence Education through Partnership between Health Net and Physicians for a Healthy California

RANCHO CORDOVA, Calif., April 30, 2021 /PRNewswire/ -- Health Net Federal Services, LLC, (HNFS), a wholly-owned subsidiary of Centene Corporation (NYSE:CNC), announced today that its call center was certified as a Center of Excellence by BenchmarkPortal for the ninth consecutive year.

Health Net Federal Services Earns Prestigious Center of Excellence Recognition from BenchmarkPortal for Ninth Consecutive Year

Centene Corporation (CNC) CEO Michael Neidorff on Q1 2021 Results - Earnings Call Transcript

Centene's (CNC) first-quarter results reflect higher revenues and growing Medicare as well as Medicaid membership, partly offset by escalating costs.

Centene (CNC) Q1 Earnings Miss Estimates, Hikes '21 View

Centene added 1.3 million health plan members in the first quarter on strong growth of its Medicaid business, boosting profits the company said would grow throughout the rest of the year.

Centene Adds 1.3 Million Health Plan Members In Pandemic

Centene (CNC) delivered earnings and revenue surprises of -1.21% and 2.13%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Centene (CNC) Lags Q1 Earnings Estimates

Shares of Centene (NYSE:CNC) rose 1.5% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 89.53% over the past year to $1.63, which beat the estimate of $1.59.

Recap: Centene Q1 Earnings

ST. LOUIS, April 27, 2021 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today its financial results for the first quarter ended March 31, 2021, reporting diluted earnings per share (EPS) of $1.19 and adjusted diluted EPS of $1.63. In summary, the 2021 first quarter results were as follows: Total revenues (in millions) $ 29,983 Health benefits ratio 86.8 % SG&A expense ratio 8.4 % Adjusted SG&A expense ratio (1) 8.1 % GAAP diluted earnings per share $ 1.19 Adjusted diluted EPS (1) $ 1.63 Total cash flow provided by operations (in millions) $ 43 (1) A full reconciliation of the adjusted SG&A expense ratio and adjusted diluted EPS is shown on page six of this release.

Centene Corporation Reports First Quarter 2021 Results And Increases 2021 Guidance

Centene's (CNC) first-quarter results are likely to reflect improving premiums and rise in membership, partly offset by escalating costs.

Centene (CNC) to Report Q1 Earnings: What's in the Cards?

WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Improving patient experiences for Black moms in Los Angeles County can drive lower Black infant mortality rates in the county. To help address this health equity issue, Health Net, through the Centene Foundation for Quality Healthcare, has awarded a $300,000 grant to Cherished Futures for Black Moms and Babies (Cherished Futures). Cherished Futures is a joint initiative of Communities Lifting Communities (CLC), the Public Health Alliance of Southern Cali

News for Centene Stock (CNC)