Centene Corporation (CNC) Q2 2016 Earnings Results

Centene Corp Del Beats on EPS, Stock Down 8.5%

Centene Corp Del reported a strong EPS performance, beating expectations by over 18%. However, the stock dropped 8.5% in reaction, likely due to the absence of revenue figures and guidance. Investors may be concerned about future performance without clear direction from management.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$1.29	N/A	+18.02%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed confidence in their ability to navigate challenges ahead. However, they did not provide specific guidance for future quarters.

Management highlighted strong performance in EPS despite not providing revenue figures.

They emphasized their commitment to long-term growth and operational efficiency.

Centene Corp Del Beats on EPS, Stock Down 8.5%

Key numbers

Management commentary

Centene Corporation

More earnings this week

Centene Corp Del Beats on EPS, Stock Down 8.5%

Key numbers

Management commentary