Centene Corporation (CNC) announced earnings for its third quarter that increased from the same period last year.
The company's earnings totaled $584 million, or $0.99 per share. This compares with $568 million, or $0.97 per share, in last year's third quarter.
Excluding items, Centene Corporation reported adjusted earnings of $745 million or $1.26 per share for the period.
Analysts had expected the company to earn $1.25 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 11.4% to $32.41 billion from $29.09 billion last year.
Centene Corporation earnings at a glance:
-Earnings (Q3): $745 Mln. vs. $741 Mln. last year.-EPS (Q3): $1.26 vs. $1.26 last year.-Analysts Estimate: $1.25 -Revenue (Q3): $32.41 Bln vs. $29.09 Bln last year.
-Guidance:Full year EPS guidance: $5.05 - $5.15Full year revenue guidance: $125.2 - $126.4 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.