Centene Corp. (CNC) said, for full year 2021, the company estimates: adjusted EPS in a range of $5.00 to $5.30; and total revenues of $116.1 billion to $118.1 billion. The company noted that its annual guidance for 2021 has been adjusted to include PANTHERx, which was acquired in December 2020 and is expected to be break-even in the initial year.
Fourth quarter adjusted EPS was $0.46, compared to $0.73, a year ago. Total revenues increased 50% to $28.3 billion from prior year. The company said the increase was due to the acquisition of WellCare and growth in the Medicaid and Health Insurance Marketplace businesses.
December 31, 2020 managed care membership was 25.5 million, an increase of 10.3 million members, or 67%, over December 31, 2019.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.