- Centene (NYSE:CNC) is scheduled to announce Q2 earnings results on Tuesday, July 27th, before market open.
- The consensus EPS Estimate is $1.37 (-42.9% Y/Y) and the consensus Revenue Estimate is $30.11B (+8.6% Y/Y).
- Over the last 2 years, CNC has beaten EPS estimates 50% of the time and has beaten revenue estimates 88% of the time.
- Over the last 3 months, EPS estimates have seen 0 upward revisions and 13 downward. Revenue estimates have seen 10 upward revisions and 0 downward.
- The company's shares, which have gained nearly 23% YTD, rose more than 1% in reaction to reporting a Q1 earnings beat and FY forecast raise, on April 27.
- Seeking alpha contributor Daniel Petersen called Centene "an undervalued stock in an expensive market", and said that stock is currently offering "attractive double-digits" in annual growth from its current share price, last month.
- Seeking Alpha Ratings Screener on the healthcare industry showed that Centene had taken the lead among managed care organizations with a bullish rating, according to data as of June 15.