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Saint Louis, Missouri-based Centene Corporation (CNC) operates as a healthcare enterprise, providing programs and services to under-insured and uninsured families, commercial organizations, and military families. With a market cap of $18.5 billion, Centene operates through Medicaid, Medicare, Commercial, and Other segments.
The healthcare giant is set to release its third-quarter results before the markets open on Wednesday, Oct. 29. Ahead of the event, analysts expect CNC to deliver a non-GAAP loss of $0.18 per share, significantly down from the profit of $1.62 per share reported in the year-ago quarter. While the company has missed the Street’s bottom-line estimates once over the past four quarters, it has surpassed the projections on three other occasions.
