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Centene (NYSE:CNC) Posts Quarterly Earnings Results, Beats Estimates By $1.42 EPS
['Tristan Rich']
Markets Daily
Centene (NYSE:CNC – Get Free Report) released its quarterly earnings results on Monday.
The company reported $2.51 earnings per share for the quarter, topping the consensus estimate of $1.09 by $1.42, FiscalAI reports.
Centene Stock PerformanceCNC stock traded down $0.75 during mid-day trading on Wednesday, reaching $63.16.
Neutral Sentiment: Analyst view remains cautious: Robert W. Baird raised its price target from $46 to $66 but maintained a “neutral” rating.
According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $66.50.