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Centene (CNC)
NYSE:CNC
Earnings Data
Report Date
Apr 25, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.5Last Year’s EPS
2.26Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 25, 2025
|% Change Since: -2.31%
|Next Earnings Date:Jul 29, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a strong start to 2025, with significant revenue growth and membership retention. However, challenges such as increased medical expenses due to the flu season and high specialty drug costs pose ongoing risks. The overall sentiment is balanced by these positive and negative aspects.Company Guidance
In Centene Corporation's first quarter 2025 conference call, the company reported an adjusted diluted EPS of $2.90, aligning with prior expectations, and maintained its full-year 2025 adjusted EPS outlook at greater than $7.25. The company saw strong premium and service revenue growth, increasing its full-year revenue forecast by $6 billion due to better-than-expected membership retention in Medicare Advantage and the commercial segment. Medicaid membership remained stable, with a focus on improving the Health Benefit Ratio (HBR) through rate adjustments and managing medical expense drivers like flu-related costs, which added $130 million to medical expenses this quarter. The Medicare segment performed as expected, with the Medicare Advantage business aiming for breakeven by 2027. The company highlighted the impact of policy changes, such as the expiration of enhanced premium tax credits and the potential for Medicaid work requirements, on future operations. Centene anticipates a full-year composite Medicaid rate increase of over 4% and is actively engaging with states to align rates with member acuity. Adjusted SG&A expenses decreased, leveraged by higher revenues, and the company ended the quarter with a debt to adjusted EBITDA ratio of 2.8 times.Strong Premium and Service Revenue Growth
Centene reported first quarter 2025 premium and service revenue of $42.5 billion, contributing to an increase in full-year guidance to a midpoint of $165 billion, up from $159 billion.
Adjusted EPS Consistent with Expectations
First quarter adjusted diluted EPS was reported at $2.90, aligning with prior expectations and supporting a full-year 2025 adjusted EPS outlook of greater than $7.25.
Membership Growth in Medicare Advantage and Commercial Segments
Medicare Advantage membership showed better-than-expected retention, contributing to a $1 billion increase in revenue outlook for 2025. Commercial segment experienced strong enrollment, adding $5 billion to premium revenue guidance.
Medicaid Contract Wins
Centene secured key Medicaid contracts in Illinois and Nevada, demonstrating strength in its service model and expanding its footprint in rural areas.
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CNC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CNC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 25, 2025 | $61.58 | $57.69 | -6.32% |
| Feb 04, 2025 | $64.82 | $61.29 | -5.45% |
| Oct 25, 2024 | $61.62 | $64.22 | +4.22% |
| Jul 26, 2024 | $67.40 | $73.10 | +8.46% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Centene (CNC) report earnings?
Centene (CNC) is schdueled to report earning on Apr 25, 2025, TBA Not Confirmed.
What is Centene (CNC) earnings time?
Centene (CNC) earnings time is at Apr 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CNC EPS forecast?
CNC EPS forecast for the fiscal quarter 2025 (Q1) is 2.5.
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