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Shares of Centene Corp (CNC) traded 40% lower on Wednesday after several brokerages lowered their price target on the stock on the heels of the health insurer withdrawing its 2025 financial guidance.
However, for Q1 2025, Centene Corporation (NYSE:CNC) stated that premium and service revenues rose by 17% to $42.5 billion ...
Shares of Centene ($CNC) plunged 40% on Wednesday after the healthcare insurer unexpectedly pulled its 2025 guidance. The surprise move has raised ...
S&P Global Ratings is considering whether to reclassify Centene Corp.'s credit ratings to junk, which would strongly impact its borrowing power. Centene, the top seller of ACA health plans, is ...
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Centene disclosed bad news to Wall Street. It owns a large coordinated care organization that serves six counties here.
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Humana losing star ratings is a big set-back that lead to its share price falling by 7.5% before paring losses.
Centene Corporation and its subsidiaries (Centene, the Company, our or we) intends such forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements ...
The significant downgrade comes as UBS revised its earnings per share estimates for Centene, projecting a 55% decline to $3.25 for 2025 and a 45% decline to $4.50 for 2026.