Centene Q4 revenues up 8%; non-GAAP EPS down 19%; revises guidance

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

Centene (CNC -4.2%) Q4 results: Revenues: $12,806M (+7.5%); Operating Income: $181M (-65.3%); Net Income: $230M (-9.8%); EPS: $1.30 (-10.3%); Non-GAAP EPS: $0.97 (-18.5%); Quick Assets: $4,603M (+3.8%); CF Ops: $1,489M (-19.6%).

2018 Guidance: Total Revenues: $60.6B - 61.4B from $60.0B - 60.8B; EPS: $5.91 - 6.25 from $4.63 - $4.97 - 4.18; Non-GAAP EPS: $6.95 - 7.35 from 5.47 - 5.87; Health benefits ratio: 86.2 - 86.7%.

Shares are up 1% premarket on light volume.

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