- Centene (CNC +6.6%) is surging after guiding 2014 earnings beyond Wall Street expectations; the Medicaid coverage provider sees 2014 EPS of $3.50-$3.80 on a range of $13.5B-$14B in premium and service revenues vs. analyst consensus estimate of $3.61 EPS on $13.77B in revenue.
- CNC also raises the lower end of its 2013 earnings guidance and now expects EPS of $2.81-$2.87 vs. $2.83 consensus.
- CNC's 2014 outlook does not include its discontinued Kentucky business, fees insurers are expected to pay next year due to the health care overhaul, and the impact of the just-announced acquisition of a majority interest in U.S. Medical Management.
From other sites
at Zacks.com (Mar 19, 2015)
at Nasdaq.com (Feb 9, 2015)
at Benzinga.com (Feb 5, 2015)
at CNBC.com (Jan 15, 2015)
at CNBC.com (Jan 7, 2015)
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