earnings
confidence high
sentiment neutral
materiality 0.35
Centene reaffirms FY 2024 adjusted EPS guidance >$6.80, shifts 20-30 cents from Q3 to Q4
CENTENE CORP
- Reaffirms FY2024 adjusted diluted EPS guidance greater than $6.80; Q3 adjusted EPS projected at $1.31-$1.41.
- Reiterates shift of 20-30 cents of adjusted EPS from Q3 to Q4; remainder of FY guidance realized in Q4.
- Management encouraged by progress in Medicare Advantage stars program performance.