Centene Corp. Earnings logo

CNC

Centene Corp. Earnings

$60.1

Earnings Summary

Revenue
$42023Mn
Net Profits
$713Mn
Net Profit Margins
1.7%
PE Ratio
10.31
Highlights
Revenue:

Centene Corp.’s revenue jumped 10.46% since last year same period to $42023Mn in the Q3 2024. On a quarterly growth basis, Centene Corp. has generated 5.49% jump in its revenue since last 3-months.

Net Profits:

Centene Corp.’s net profit jumped 52.03% since last year same period to $713Mn in the Q3 2024. On a quarterly growth basis, Centene Corp. has generated -37.78% fall in its net profits since last 3-months.

Net Profit Margins:

Centene Corp.’s net profit margin jumped 37.62% since last year same period to 1.7% in the Q3 2024. On a quarterly growth basis, Centene Corp. has generated -41.02% fall in its net profit margins since last 3-months.

PE Ratio:

Centene Corp.’s price-to-earnings ratio after this Q3 2024 earnings stands at 10.31.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Centene Corp. post its latest quarter earnings
EPS Estimate Current Quarter
0.51
EPS Estimate Current Year
0.51
Highlights
EPS Estimate Current Quarter:

Centene Corp.’s earning per share (EPS) estimates for the current quarter stand at 0.51 - a -61.65% fall from last quarter’s estimates.

EPS Estimate Current Year:

Centene Corp.’s earning per share (EPS) estimates for the current year stand at 0.51.

Key Ratios

Key ratios of the Centene Corp. post its Q3 2024 earnings
Earning Per Share (EPS)
1.62
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.12
Highlights
Earning Per Share (EPS):

Centene Corp.’s earning per share (EPS) fell -19% since last year same period to 1.62 in the Q3 2024. This indicates that the Centene Corp. has generated -19% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Centene Corp.’s return on assets (ROA) stands at 0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Centene Corp.’s return on equity (ROE) stands at 0.12.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-10-25
1.33
1.62
21.8%
2024-04-26
2.08
2.26
8.65%
2024-07-26
2.07
2.42
16.91%