Centene Q3 Adj EPS $2.00 Beats $1.57 Estimate, Sales $38.04B Beat $36.18B Estimate
Portfolio Pulse from Benzinga Newsdesk
Centene (NYSE:CNC) reported Q3 earnings of $2.00 per share, beating the analyst consensus estimate of $1.57 by 27.39%. This is a 53.85% increase from the same period last year. The company also reported quarterly sales of $38.04 billion, beating the analyst consensus estimate of $36.18 billion by 5.15%. This is a 6.07% increase from the same period last year.
October 24, 2023 | 10:08 am
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POSITIVE IMPACT
Centene's Q3 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive short-term impact on the company's stock.
Centene's Q3 earnings and sales have significantly exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price in the short term.
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