Centene Expects 2024 Revenue Guidance Of $147.5B-$150.5B Versus Consensus Of $146.14B, Including Premium And Service Revenues Of $135.5B-$138.5B Versus Prior Guidance Of $134.5B-$137.5B
Portfolio Pulse from Benzinga Newsdesk
Centene has updated its 2024 revenue guidance to $147.5B-$150.5B, surpassing the consensus estimate of $146.14B. This includes an increase in premium and service revenues to $135.5B-$138.5B, up from the previous guidance of $134.5B-$137.5B.
April 26, 2024 | 10:11 am
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Centene's updated 2024 revenue guidance exceeds analyst expectations, indicating strong future performance.
Centene's upward revision of its 2024 revenue guidance, especially exceeding consensus estimates, is a strong indicator of the company's future growth and operational efficiency. This positive outlook is likely to instill investor confidence, potentially leading to a short-term uptick in CNC's stock price.
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