Centene Expects 2024 Adjusted Diluted EPS Guidance Floor Of Greater Than $6.80 Versus Consensus Of $6.81
Portfolio Pulse from Benzinga Newsdesk
Centene has announced its 2024 adjusted diluted EPS guidance floor to be greater than $6.80, slightly below the consensus of $6.81.
October 25, 2024 | 10:05 am
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NEUTRAL IMPACT
Centene's 2024 EPS guidance floor is set at greater than $6.80, which is slightly below the consensus estimate of $6.81. This may lead to a neutral to slightly negative short-term impact on the stock price as the guidance is close to expectations but slightly lower.
The guidance floor being slightly below consensus suggests that while Centene's performance is expected to be strong, it may not exceed market expectations. This could result in a neutral to slightly negative reaction from investors in the short term.
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RELEVANCE 100