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Centene Corporation (CNC) is a Missouri-based healthcare company that provides government-sponsored and commercial health insurance plans and related services, especially for underinsured and low-income populations. With a market cap of $20.5 billion, it operates across the United States through Medicaid, Medicare, commercial insurance and specialty services segments, delivering care via physicians, hospitals and ancillary providers and offering pharmacy, dental, behavioral health and vision services.
The healthcare services giant is set to release its fourth-quarter results shortly. Ahead of the event, analysts expect CNC to post a non-GAAP loss of $1.25 per share, a drop of 256.3% from the profit of $0.80 per share reported in the year-ago quarter. The company has surpassed Street’s bottom-line estimates in three of the past four quarters and has missed the projections on another occasion.
