Centene (CNC) -23.9% premarket after the Medicaid insurer cuts its full-year EPS forecast to...

|About: Centene Corporation (CNC)|By:, SA News Editor

Centene (CNC) -23.9% premarket after the Medicaid insurer cuts its full-year EPS forecast to $1.45-$1.65 vs. its previously announced range of $2.64-$2.84, reflecting higher-than-expected medical costs in Kentucky and Texas as well as in its Celtic unit. CNC warns of an additional potential writedown.