|
|
Centene Corporation (CNC) |
|
Price: $68.8800
$-0.38 
-0.549%
|
| Day's High:
| $69.66
| Week Perf:
| -2.39 %
|
| Day's Low: |
$ 68.76 |
30 Day Perf: |
9.82 % |
| Volume (M): |
3,527 |
52 Wk High: |
$ 87.84 |
| Volume (M$): |
$ 242,933 |
52 Wk Avg: |
$71.50 |
| Open: |
$69.15 |
52 Wk Low: |
$60.83 |
|
|
| Market Capitalization (Millions $) |
37,905 |
| Shares
Outstanding (Millions) |
550 |
| Employees |
72,500 |
| Revenues (TTM) (Millions $) |
147,923 |
| Net Income (TTM) (Millions $) |
2,706 |
| Cash Flow (TTM) (Millions $) |
3,963 |
| Capital Exp. (TTM) (Millions $) |
920 |
Centene Corporation
We are a diversified, multi-national healthcare enterprise that provides programs
and services to government sponsored healthcare programs, focusing on under-insured
and uninsured individuals. We provide member-focused services through locally
based staff by assisting in accessing care, coordinating referrals to related
health and social services and addressing member concerns and questions. We also
provide education and outreach programs to inform and assist members in accessing
quality, appropriate healthcare services. We believe our local approach, including
member and provider services, enables us to provide accessible, quality, culturally-sensitive
healthcare coverage to our communities. Our health management, educational and
other initiatives are designed to help members best utilize the healthcare system
to ensure they receive appropriate, medically necessary services and effective
management of routine, severe and chronic health problems, resulting in better
health outcomes. We combine our decentralized local approach for care with a centralized
infrastructure of support functions such as finance, information systems and claims
processing.
Company Address: 7700 Forsyth Boulevard St. Louis, 63105 MO
Company Phone Number: 725-4477 Stock Exchange / Ticker: NYSE CNC
| CNC is expected to report next financial results on October 23, 2023. |
|
|
|
|
Customers Net Income fell by |
CNC's Customers Net Profit Margin fell to |
-23.09 % |
2.27 %
|
|
|
|
|
|
|
|
| Stock Performances by Major Competitors |
|
|
|
|
Cno Financial Group Inc
Financial News Report: CNO Financial Group Inc Reports Profitability Deterioration Despite Revenue Increase
CNO Financial Group Inc experienced a decline in profitability in its most recent fiscal period, despite a significant increase in revenue. The net profit per share plummeted by 44.83% to $0.64 per share, while revenue increased by 19.626% to $1.02 billion, compared to the corresponding financial reporting period a year prior.
In comparison to its industry peers in the Accident and Health Insurance sector, CNO Financial Group Inc has outpaced them in revenue growth. The industry witnessed an 8.97% revenue increase during the same period. This demonstrates CNO Financial Group Inc's strong performance within its industry.
|
|
Oscar Health Inc
Oscar Health Inc, a leading health insurance provider, showed significant improvement in its financial performance during the April to June 30, 2023, reporting period. The company managed to decrease its loss per share from -$0.53 a year prior to -$0.07, a substantial improvement. Furthermore, its earnings per share (EPS) also showed progress, improving from -$0.18 per share in the preceding reporting season.
One of the key factors that contributed to Oscar Health's positive performance was its exceptional revenue growth. The company experienced a remarkable surge of 49.563% in revenue, reaching $1.52 billion in the second quarter of 2023, compared to $1.02 billion in the same period the previous year. Sequentially, the revenue also increased by 3.528% from $1.47 billion.
|
|
Bright Health Group Inc
Bright Health Group Inc (BHG), a prominent player in the Accident and Health Insurance sector, recently released its financial results for the April to June 30, 2023 time-frame, revealing a disastrous performance. The company witnessed an alarming decline in revenue, plunging by 83.766% to $297.98 million compared to the same period last year. Furthermore, the net deficit per share widened to $-15.70, showcasing adverse financial results compared to the previous year.
In stark contrast to BHG's struggling performance, the remaining companies within the Accident and Health Insurance sector experienced a noteworthy 8.97% increase in revenue during the second quarter of 2023, compared to the same period last year. This puts BHG's underperformance into sharper perspective. The decline in revenue from $756.34 million to $297.98 million, representing a 60.602% decrease from the prior financial reporting period, is concerning for investors.
|
|
Clover Health Investments Corp
Clover Health Investments Corp, a leading player in the Accident and Health Insurance sector, recently released its financial results for the period ending June 30, 2023. The report highlights significant improvements in the company's financial performance, with a notable decrease in losses per share, improvement in EPS, and a reduction in net shortfall. However, the decline in revenue raises questions about the impact on the company's future prospects.
1. Decreased Losses Per Share and Improved EPS:
One of the positive takeaways from Clover Health's financial results is the significant decrease in losses per share. With -$0.06 per share compared to -$0.22 per share a year ago, the company has shown a remarkable improvement in its bottom line. Additionally, EPS increased to -$0.15 per share from the previous quarter, signifying enhanced profitability.
|
|
Trupanion Inc
Trupanion Inc, a medical insurance provider for pets, recently announced a surge in revenue for the period from April to June 2023. However, the company is still facing significant losses, reporting a negative earnings per share of $-0.33. Although there was an improvement from the previous year's earnings per share of $-0.60, the company's inability to generate profits raises concerns about its financial health.
Despite the increase in revenue by 5.554% to $270.57 million compared to the previous year's income of $256.33 million, Trupanion Inc reported a net loss of $-13.714 million for the second quarter of 2023. This net loss is higher than the $-13.618 million loss reported in the same period a year ago. Such consistent losses indicate underlying issues within the company's operations and raise doubts about its ability to sustain profitability in the long term.
|
| Per Share |
Current |
| Earnings (TTM) |
4.85 $ |
| Revenues (TTM) |
268.8 $
|
| Cash Flow (TTM) |
7.2 $ |
| Cash |
35.22 $
|
| Book Value |
46.82 $
|
| Dividend (TTM) |
0 $ |
|
|
| Per Share |
|
| Earnings (TTM) |
4.85 $
|
| Revenues (TTM) |
268.8 $ |
| Cash Flow (TTM) |
7.2 $ |
| Cash |
35.22 $
|
| Book Value |
46.82 $ |
| Dividend (TTM) |
0 $ |
|
|
|
|
