ST LOUIS (AP) — ST LOUIS (AP) — Centene Corp. (CNC) on Tuesday reported fourth-quarter earnings of $283 million.
The St. Louis-based company said it had profit of 56 cents per share. Earnings, adjusted for one-time gains and costs, came to 80 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.
The healthcare company posted revenue of $40.81 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $38.96 billion.
Centene expects full-year revenue in the range of $158 billion to $160 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNC at https://www.zacks.com/ap/CNC
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