Centene Takes A Hit As Medicaid Membership Shrinks - Centene (NYSE:CNC)
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2 Articles
Centene Takes A Hit As Medicaid Membership Shrinks - Centene (NYSE:CNC)
U.S. healthcare insurance provider Centene Corporation (NYSE:CNC) stock fell on Friday on a mixed outlook for fiscal 2026. Earnings Snapshot The company reported a fourth-quarter 2025 adjusted loss of $1.19, beating the consensus loss of $1.22 per share, a turnaround from an income of 80 cents a year ago. Centene's sales surged from $40.81 billion to $49.73 billion, exceeding the consensus estimate of $48.39 billion. For the fourth quarter of 20…
Centene stock slides as 2026 profit view beats estimates but revenue forecast falls short
Centene shares fell 5.7% to $37.64 after the company forecast 2026 adjusted profit above $3 per share but projected revenue below Wall Street estimates. Molina Healthcare dropped about 28%, weighing on the sector. Centene reported a fourth-quarter adjusted loss of $1.19 per share and a health benefits ratio of 94.3%. The company set its next earnings update for April 28. The post Centene stock slides as 2026 profit view beats estimates but reven…
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