Fiscal Year Earnings Estimate on Centene Corporation(CNC)

Centene Corporation(CNC): For the most recent quarter end, Centene Corporation reported Annual Earnings of $1.19. Based on the filings, last years Annual Earnings was, $4.43. For the most recent quarter end, CNC reported a surprise Earnings per Share of 6.25% . The consensus estimate for current quarter is $1.05 and for the current fiscal year, the estimate is $4.7. For the Next fiscal year, the estimate is $5.3 based on the consensus. St Louis based Centene Corporation Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 25, 2017.

According to the corporate earnings calendar, Centene Corporation will release next earnings on Apr 25, 2017 with an estimated EPS consensus of $1.05. Based on the consensus of stock financial advisors the stock has a price target of $80.5. Current year estimate on EPS consensus is $4.7. The Estimated EPS rate for Long term growth is $12.7.

For Dividend Investing Stock Market Traders Centene Corporation has a Dividend Yield of 0% with an Annual Dividend of $0. It has a Payout Ratio of 0 and the change in Dividend payout ratio is 0.

Centene Corp Last issued its quarterly earnings results on Feb 7, 2017. The company reported $1.19 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $1.11. The company had revenue of $11911.00 million for the quarter, compared to analysts expectations of $10975.59 million. The companys revenue was up 89.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 EPS.

Company has reported several Insider transactions to the SEC, on Feb 14, 2017, Jesse N Hunter (EVP, Products) sold 5,000 shares at 69.54 per share price.On Feb 13, 2017, Robert K Ditmore (director) sold 4,167 shares at 68.73 per share price.On Feb 13, 2017, Christopher D Bowers (EVP, Markets) sold 3,150 shares at 68.41 per share price.

Centene Corporation (NYSE:CNC) witnessed a decline in the market cap on Wednesday as its shares dropped 0.06% or 0.04 points. After the session commenced at $70.25, the stock reached the higher end at $70.61 while it hit a low of $69.7501. With the volume soaring to 1,183,154 shares, the last trade was called at $70.24. The company has a 52-week high of $75.57. The company has a market cap of $12,076 million and there are 171,919,070 shares in outstanding. The 52-week low of the share price is $50.

Centene Corporation provides managed care programs and related services to individuals receiving benefits under Medicaid, including Supplemental Security Income, and the State Childrens Health Insurance Program.


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