WASHINGTON-Four years ago, when President Biden clinched the Democratic nomination, he aggressively courted progressives, forming an alliance that helped propel him to the White House and has. -February 06, 2024 at 06:15 am EST
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ROUNDUP: Centene Reiterates FY24 Adj EPS Outlook finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
ST LOUIS ST LOUIS Centene Corp. on Tuesday reported fourth-quarter net income of $45 million. The St. Louis-based company said it had profit of 8 cents per share. Earnings, adjusted.
Centene Corp beat Wall Street
estimates for fourth-quarter profit on Tuesday, helped by higher
premiums in its commercial insurance business. The insurer also raise its forecast range.
The health insurer's quarterly profit, however, only narrowly beat estimates as medical costs were slightly higher than expectations. Centene, which earns a significant part of its revenue through government-backed Medicaid plans for low-income people, is "less exposed" to increased medical care utilization by older adults through Medicare Advantage compared to other health insurers, analysts say.