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Sohini Mondal

Centene Corporation's Quarterly Earnings Preview: What You Need to Know

Centene Centene Corporation CNC

With a market cap of $36.2 billion, Centene Corporation (CNC) is a multinational healthcare company specializing in government-sponsored healthcare programs and services for under-insured and uninsured individuals. Based in Saint Louis, Missouri, the company is expected to release its fiscal Q2 earnings results before the market opens on Friday, Jul. 26.

Ahead of this event, analysts expect CNC to report a profit of $1.91 per share, down 9.1% from $2.10 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the last four quarterly reports. In the most recent quarter, the company exceeded the consensus EPS estimate by 8.1%, driven by higher premiums from its commercial insurance plans.

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