
Please try another search
Investing.com -- Centene Corporation (NYSE:CNC) reported first-quarter 2025 results on Friday that exceeded analyst expectations, driven by strong membership growth and improved performance across its business segments.
The healthcare insurer also raised its full-year revenue guidance, citing outperformance in Marketplace enrollment and Medicare member retention.
Centene posted adjusted diluted earnings per share of $2.90 for the quarter, surpassing the analyst consensus of $2.38 by $0.52.
Revenue came in at $48.62 billion, significantly above the $42.79 billion estimate.
The company's premium and service revenue grew 17% YoY, while membership increased 29% in Marketplace and 22% in Medicare PDP compared to the first quarter of 2024.
Based on the strong first-quarter performance, Centene raised its 2025 premium and service revenues guidance by $6.0 billion to a range of $164.0 billion to $166.0 billion.
The increase reflects $5.0 billion in additional Marketplace premium revenue due to enrollment outperformance and $1.0 billion in additional Medicare Advantage premium revenue.
"Our first quarter results demonstrate the resiliency of Centene's platform and the progress we are making as an organization while navigating a dynamic policy landscape," said Sarah M. London, Chief Executive Officer of Centene.
The company reiterated its 2025 adjusted diluted EPS guidance floor of greater than $7.25, maintaining confidence in its full-year outlook despite the revenue increase.
Centene's strong start to the year positions it well for continued growth in its core businesses.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.