Centene Earnings: Your Sneak Peek to the Big Announcement

Centene (NYSE:CNC) will report earnings before markets open on Tuesday, July 23rd. Centene Corporation is a multi-line managed care organization that provides Medicaid and Medicaid-related programs. The Company has health plans in several states. The Company also provides specialty services, including behavioral health, nurse triage, and treatment compliance.

Here is your Cheat Sheet to Centene Earnings:

Earnings Expectations: Analysts expect earnings of $0.65 per share on revenues of $2.64 billion. Currently, the company’s P/E ratio stands at 9,233.33.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.83 and has not changed. For the current year, the average estimate is a profit of $2.72, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Centene has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 3,365 4,103 4,448 5,341 8,668
Diluted EPS ($) 1.88 1.89 1.88 2.12 0.03

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 2,110.75 2,448.12 2,396.60 2,645.89
Diluted EPS ($) -0.68 0.07 0.17 0.42

Past Performance:
Centene has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)