Centene Corp. logo

CNC

Centene Corp.

$94.88

Earnings Summary

Revenue
$35936Mn
Net Profits
$-172Mn
Net Profit Margins
-0.48%
PE Ratio
30.39

Highlights

Revenue:

Centene Corp.’s revenue jumped 15.83% since last year same period to $35936Mn in the Q2 2022. On a quarterly growth basis, Centene Corp. has generated -3.36% fall in its revenue since last 3-months.

Net Profits:

Centene Corp.’s net profit jumped 67.85% since last year same period to $-172Mn in the Q2 2022. On a quarterly growth basis, Centene Corp. has generated -120.26% fall in its net profits since last 3-months.

Net Profit Margins:

Centene Corp.’s net profit margin jumped 72.24% since last year same period to -0.48% in the Q2 2022. On a quarterly growth basis, Centene Corp. has generated -120.96% fall in its net profit margins since last 3-months.

PE Ratio:

Centene Corp.’s price-to-earnings ratio after this Q2 2022 earnings stands at 30.39.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Centene Corp. post its latest quarter earnings

EPS Estimate Current Quarter
1.23
EPS Estimate Current Year
1.23

Highlights

EPS Estimate Current Quarter:

Centene Corp.’s earning per share (EPS) estimates for the current quarter stand at 1.23 - a -22.64% fall from last quarter’s estimates.

EPS Estimate Current Year:

Centene Corp.’s earning per share (EPS) estimates for the current year stand at 1.23.

Key Ratios

Key ratios of the Centene Corp. post its Q2 2022 earnings

Earning Per Share (EPS)
1.77
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.07
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Centene Corp.’s earning per share (EPS) jumped 41.6% since last year same period to 1.77 in the Q2 2022. This indicates that the Centene Corp. has generated 41.6% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Centene Corp.’s return on assets (ROA) stands at 0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Centene Corp.’s return on equity (ROE) stands at 0.07.

Dividend Per Share (DPS):

Centene Corp. declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-26
1.68
1.83
8.93%
2022-07-26
1.59
1.77
11.32%

Company Information

Centene Corporation, a Fortune 50 company, is a leading multi-national healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach – with local brands and local teams – to provide fully integrated, high-quality, and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Centene offers affordable and high-quality products to nearly 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace, the TRICARE program, and individuals in correctional facilities. The Company also serves several international markets, and contracts with other healthcare and commercial organizations to provide a variety of specialty services focused on treating the whole person. Centene focuses on long-term growth and the development of its people, systems and capabilities so that it can better serve its members, providers, local communities, and government partners.

Organisation
Centene Corp.
Headquarters
St Louis, Missouri, US
Employees
71.3K
Industry
Health Services
CEO
Michael Neidorff