Investing.com - Centene (NYSE:CNC) reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.96 on revenue of $18.98B. Analysts polled by Investing.com anticipated EPS of $0.95 on revenue of $18.46B. That compared to EPS of $1.79 on revenue of $16.18B in the same period a year earlier. The company had reported EPS of $1.34 on revenue of $18.36B in the previous quarter.
For the year, Centene shares are down 20.61%, under-performing the S&P 500 which is up 21.39% year to date.
Centene follows other major Healthcare sector earnings this month
On Tuesday, October 15, 2019, J&J reported third quarter EPS of $2.12 on revenue of $20.73B, compared to forecasts of EPS of $2.01 on revenue of $20.08B.
Abbott Labs earnings matched analyst's expectations on Wednesday, October 16, 2019, with third quarter EPS of $0.84 on revenue of $8.08B. Investing.com analysts expected EPS of $0.84 on revenue of $8.11B
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