Centene (CNC) -4% premarket after cutting its view for the current year, seeing EPS of...

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

Centene (CNC) -4% premarket after cutting its view for the current year, seeing EPS of $0.10-$0.20 vs. prior guidance of $0.56-$0.66. The Medicaid insurer blames its lower view on higher medical costs associated with an earlier and more intensive flu season in its largest markets. Sees FY 2013 EPS in-line.