Centene Corporation (CNC) reported a profit for its first quarter that advanced from the same period last year.
The company's profit totaled $699 million, or $1.19 per share. This compares with $46 million, or $0.08 per share, in last year's first quarter.
The company's revenue for the quarter rose 15.2% to $29.98 billion from $26.03 billion last year.
Centene Corporation earnings at a glance:
-Earnings (Q1): $699 Mln. vs. $46 Mln. last year.-EPS (Q1): $1.19 vs. $0.08 last year.-Revenue (Q1): $29.98 Bln vs. $26.03 Bln last year.
-Guidance:Full year EPS guidance: $5.05- $5.35Full year revenue guidance: $120.1- 122.1 Bln
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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.