UPDATE: Centene Reports Upbeat Q4 Profit
Centene Corp (NYSE: CNC) reported upbeat fourth-quarter operating earnings.
Centene's quarterly net income from continuing operations surged to $30.1 million, or $0.57 per share, from $25.5 million, or $0.50 per share, in the year-ago period. Its premium and service revenue surged 29% to $1.46 billion.
Analysts were expecting earnings of $0.55 per share on revenue of $1.44 billion.
Centene shares fell 1.47% to close at $45.60 yesterday.
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