Centene Increased Its 2024 Premium And Service Revenues Guidance Range By $5B To $141B-$143B To Reflect An Additional $2B Commercial Premium Revenue, $2B Medicare Premium Revenue And $1B Medicaid Premium Revenue
Portfolio Pulse from Benzinga Newsdesk
Centene has increased its 2024 premium and service revenues guidance range by $5 billion to $141 billion-$143 billion. This reflects an additional $2 billion in commercial premium revenue, $2 billion in Medicare premium revenue, and $1 billion in Medicaid premium revenue.
July 26, 2024 | 10:05 am
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Centene has raised its 2024 revenue guidance by $5 billion, indicating strong growth across its commercial, Medicare, and Medicaid segments.
The increase in revenue guidance by $5 billion suggests strong performance and growth prospects for Centene. This is likely to positively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100