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Barchart
Rashmi Kumari

Earnings Preview: What to Expect From Centene Corporation’s Report

Centene Corporation CNC Medicaid

Valued at a market cap of $38.7 billion, Centene Corporation (CNC) operates as a healthcare enterprise that provides services to government-sponsored healthcare programs, under-insured and uninsured families, commercial organizations, and military families. The Saint Louis, Missouri-based company also provides education and outreach programs to inform and assist members in accessing quality and appropriate healthcare services. CNC is expected to announce its fiscal Q3 earnings results before the market opens on Friday, Oct. 25. 

Ahead of this event, analysts expect the healthcare company to report a profit of $1.47 per share, down 26.5% from $2.00 per share in the year-ago quarter. The company surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion. 

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