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CNC

Centene Corp.

$67.4

Earnings Summary

Revenue
$40407Mn
Net Profits
$1163Mn
Net Profit Margins
2.88%
PE Ratio
13.04

Highlights

Revenue:

Centene Corp.’s revenue jumped 3.9% since last year same period to $40407Mn in the Q1 2024. On a quarterly growth basis, Centene Corp. has generated 2.4% jump in its revenue since last 3-months.

Net Profits:

Centene Corp.’s net profit jumped 2.92% since last year same period to $1163Mn in the Q1 2024. On a quarterly growth basis, Centene Corp. has generated 2484.44% jump in its net profits since last 3-months.

Net Profit Margins:

Centene Corp.’s net profit margin fell -0.95% since last year same period to 2.88% in the Q1 2024. On a quarterly growth basis, Centene Corp. has generated 2423.87% jump in its net profit margins since last 3-months.

PE Ratio:

Centene Corp.’s price-to-earnings ratio after this Q1 2024 earnings stands at 13.04.

Earnings per share (EPS) Estimates

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

EPS Estimate Current Quarter
1.98
EPS Estimate Current Year
1.98

Highlights

EPS Estimate Current Quarter:

Centene Corp.’s earning per share (EPS) estimates for the current quarter stand at 1.98 - a -4.81% fall from last quarter’s estimates.

EPS Estimate Current Year:

Centene Corp.’s earning per share (EPS) estimates for the current year stand at 1.98.

Key Ratios

Key ratios of the Centene Corp. post its Q1 2024 earnings

Earning Per Share (EPS)
2.26
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.1

Highlights

Earning Per Share (EPS):

Centene Corp.’s earning per share (EPS) jumped 7.11% since last year same period to 2.26 in the Q1 2024. This indicates that the Centene Corp. has generated 7.11% 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 0.1.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-26
2.08
2.26
8.65%