Centene Q1 revenues up 69%; earnings up 758%; cash flow ops up 537%; shares up 1% premarket

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

Centene (NYSE:CNC) Q1 results ($M): Total Revenues: 11,724 (+68.6%); Premiums: 10,638 (+77.7%).

Health benefits ratio: 87.6% (-1.2%).

Net Income: EPS: 0.79 (+758.3%); Non-GAAP EPS: 1.12 (+51.4%); CF Ops: 1,248 (+536.7%).

Total managed care membership: 12,145,400 (+5.2%); Total at-risk membership: 9,341,300 (+9.1%).

2017 Guidance: Total Revenues: $46.0B - 46.8B; EPS: $3.75 - 4.15; Non-GAAP EPS: $4.50 - 4.90; Health benefits ratio: 87.0 - 87.5%.

Shares are up 1% premarket on light volume.