Centene Corporation delivered impressive first-quarter results, reporting adjusted earnings per share (EPS) of $1.83, surpassing estimates by 8.9%, and total revenues of $37.2 billion, exceeding expectations by 7.2%. The company experienced an 8% growth in managed care membership, reaching 26.2 million, and raised its full-year earnings outlook, projecting adjusted diluted EPS of $5.40-$5.55. Centene is also committed to reducing its domestic leased real estate footprint by over half, alongside share buybacks worth $71 million, underscoring its strategy for continued growth.
“Centene · reported · first-quarter 2022 adjusted EPS · $1.83”
“Centene · surpassed · the Zacks Consensus Estimate · by 8.9%”
“Centene · reported first-quarter 2022 adjusted EPS of · $1.83 · which surpassed the Zacks Consensus Estimate by 8.9%.”
“Centene · reported · first-quarter 2022 adjusted EPS · $1.83”
“Centene · reported first-quarter 2022 adjusted EPS · $1.83 · surpassed the Zacks Consensus Estimate by 8.9%”
“Centene · first-quarter revenues · $37.2 billion · outpaced the Zacks Consensus Estimate by 7.2%”
“Centene · has an estimated long-term growth rate · 14.2%”
“Centene · reported · first-quarter 2022 adjusted EPS · $1.83”
“Centene · has an estimated long-term growth rate · of · 14.2%”
“Centene Corporation · reported · first-quarter 2022 adjusted earnings per share · $1.83”
“Centene Corporation · surpassed · Zacks Consensus Estimate · 8.9%”
“Centene Corporation · reported · total revenues · $37.2 billion”