Centene beats quarterly profit estimates on strength in commercial plans

Reuters
02-04
Centene beats quarterly profit estimates on strength in commercial plans

Feb 4 (Reuters) - Centene CNC.N beat Wall Street estimates for fourth-quarter profit on Tuesday, helped by strength in its commercial health insurance plans.

On an adjusted basis, the health insurer reported a profit of 80 cents per share, compared with analysts' average estimate of 49 cents, according to data compiled by LSEG.

(Reporting by Sriparna Roy and Sneha S K in Bengaluru; Editing by Shinjini Ganguli)

((Sriparna.Roy@thomsonreuters.com;))

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