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.
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 $2.72, which is better than the estimate ninety days ago.
Here’s how Centene has been performing on an annual basis:
|Revenue ($) 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|
Centene has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)