Centene Reiterates Its 2024 Adjusted EPS Guidance Floor Of Greater Than $6.70 Versus Consensus Of $6.75
Portfolio Pulse from Benzinga Newsdesk
Centene Corporation has reaffirmed its adjusted earnings per share (EPS) guidance for 2024, stating it expects to achieve a figure greater than $6.70. This projection is slightly below the consensus estimate of $6.75.
February 06, 2024 | 11:09 am
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Centene Corporation reaffirms its 2024 adjusted EPS guidance to be greater than $6.70, marginally below the consensus estimate of $6.75.
Centene's reaffirmation of its 2024 EPS guidance slightly below consensus may have a neutral impact on its stock price in the short term. While the guidance shows confidence in the company's performance, being below consensus could temper investor enthusiasm. However, the close proximity to consensus estimates suggests that any negative impact may be minimal, as the market may have already priced in these expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100