ST LOUIS (AP) — ST LOUIS (AP) — Centene Corp. (CNC) on Friday reported third-quarter earnings of $713 million.
On a per-share basis, the St. Louis-based company said it had profit of $1.36. Earnings, adjusted for one-time gains and costs, came to $1.62 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.
The healthcare company posted revenue of $42.02 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $37.91 billion.
Centene expects full-year revenue in the range of $159 billion to $161 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNC at https://www.zacks.com/ap/CNC
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
