October 28, 2014 7:31 AM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Centene (NYSE: CNC) reported upbeat earnings for the third quarter. The St. Louis, Missouri-based company posted a quarterly net profit of $82.6 million, or $1.36 per share, versus a year-ago profit of $49.4 million or $0.87 per share. Excluding certain items, Centene earned $1.22 per share. Its total revenue climbed to $4.35 billion from $2.8 billion. However, analysts had projected a profit of $0.96 per share on revenue of $4.23 billion.Premium and Service revenue rose 53% to $4.2 billion versus $2.7 billion.As of Sept. 30, its total membership count rose 42% y/y to 3.7 million.At Sept 30, 2014, Centene had cash, investments and restricted deposits of $2,898.6 million, including $70.3 million held by its unregulated entities.Michael F. Neidorff, Centene's Chairman and Chief Executive Officer, stated, "The underlying operations performed well during the quarter, delivering over 50% revenue growth over 2013. We continue to successfully execute our growth strategy and expect performance to remain strong over the remainder of 2014."Centene shares rose 0.42% to close at $82.22 yesterday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.