Centene

Open: 68.6 Close: 68.93 Change: 0.33

Don't invest before reading what an AI found about Centene.

How much time have you spent trying to decide whether investing in Centene? Many investors start with the dream of being free. They expect to find on the stock market an option to have time to develop their own interests and hobbies. That is, a way to escape a 9 to 5 job. However, investment is complex and investors end up spending whole days (and nights) trying to figure out which the right stock to invest is. The dream of stock investing becomes the nightmare of facing infinity amounts of information. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Centene are: Centene, earnings, …

Concept Map

Semantic Network

Stock Summary

Centene Corporation provides programs and services to under-insured and uninsured families, commercial organizations, and military families. The company operates in two segments, Managed Care and Specialty Services. The Specialty services segment offers behavioral health and employee.

Today's Summary

Centene CNC earned $1.13 billion, a 615.98% increase from the preceding quarter. Centene downgrades 2024 adjusted earnings per share target to greater than $6.60. Shares of Centene have returned +4.5% over the past month.

Today's News

Centene cuts profit outlook on hit to hit to government-backed insurance business. Centene earned $2.11 per share in the first quarter, above Refinitiv IBES estimates of $2.09 per share. Centenes CEO Sarah London was named one of Modern Healthcares Top Women Leaders in Healthcare. Centene raised a total of $18.6M. Investors of Centene include Greylock Partners, Citigroup and Camden Partners. Centene downgrades 2024 adjusted earnings per share target to greater than $6.60. Centene CEO Sarah London was paid $13.2 million in total compensation in 2022. Centenes revenue was $144.55 billion, an increase of 14.74% compared to the previous years $125.98 billion. Centene (CNC) increased 2023 full year Adjusted EPS guidance to at least $6.40 driven by s... 1 week ago - PRNewsWire Will Lower Managed Care Profits Hurt Centenes (Cnc) Q1 Earnings? Centenes first-quarter results are likely to reflect growth in premiums. Centene raises 2023 full year adjusted EPS guidance to at least $6.40 driven by strong performance in its Medicaid and Marketplace businesses. First quarter earnings came in at $1.13 billion, or $2.04 per share. Centene downgrades 2024 adjusted earnings per share target to greater than $6.60. Centene 1q profits hit $1.18 billion, fueled by enrollment growth. Department of Defense rejected Clayton-based Centenes appeal of $65 billion defense health contract. Shares of Centene have returned +4.5% over the past month versus the Zacks S&P 500 composites. Centene CNC earned $1.13 billion, a 615.98% increase from the preceding quarter. Centene CNC is set to give its latest quarterly earnings report on Tuesday, 2023-04-25. Centene ( NYSE : CNC ) reported Q1 2023 earnings per share (EPS) of $2.05 , up 40.41% year over year. Total Centene earnings for the quarter were $1.13 billion. Centene expects full-year earnings to be $6.40 per share, with revenue in the range of $144.5 billion to $146.5billion. Centene took in $35 billion in revenues during the first quarter of 2023, and delivered $1.16 billion in adjusted net earnings, which amounted to adjusted diluted earnings per share of $2.11. Centene Corp. per Employee $1.968M P/E Ratio 26.15 EPS $2.64 Yield N/A Dividend date is April 4/05. Centene downgraded from neutral to neutral from overweight at JP rating.

Stock Profile

"Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, commercial organizations, and military families in the United States. It operates in two segments, Managed Care and Specialty Services. The Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children's health insurance program, long-term services and support, foster care, and medicare-medicaid plans, which cover dually eligible individuals, as well as aged, blind, or disabled programs. This segment also provides a variety of individual, small group, and large group commercial healthcare products to employers and members. This segment also offers various individual, small group, and large group commercial healthcare products to employers and members. The Specialty Services segment offers behavioral health and employee assistance plans; clinical healthcare, primary care, various specialty services, and a suite of social and other support services; data analytics solutions; administrative services to Military Health System eligible beneficiaries; traditional pharmacy clinical and administrative services as well as specialized pharmacy benefit services through its specialty pharmacy business; and vision and dental health services. This segment provides auxiliary healthcare services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations; and engages in the government contracts business under the TRICARE program and other healthcare related government contracts. The company provides its services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in St. Louis, Missouri."

Keywords

This document will help you to evaluate Centene without reading an infinite amount of sources. Relying only on stock quotes or prices to make investment decisions is a mistake. Analyzing and observing stock charts, highs and lows and other numerical data does not allow to evaluate the real value of a company. Stock quotes and prices are the result of underlying characteristics of a company and of events and news happening around them. For this reason, investing must be based on information, not numbers. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Centene are: Centene, earnings, share, quarter, Centenes, year, adjusted, and the most common words in the summary are: centene, stock, health, job, cnc, market, corporation, . One of the sentences in the summary was: Centene downgrades 2024 adjusted earnings per share target to greater than $6.60. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #centene #stock #health #job #cnc #market #corporation.