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Centene Corporation has announced its guidance for 2025, projecting revenue between $166.5 billion and $169.5 billion, with an expected adjusted earnings per share (EPS) above $6.80. The company's forecast exceeds Wall Street expectations, reflecting confidence in its commercial plans to offset rising costs in government-backed health plans. Centene's executive noted that the company aims to break even in its Medicare Advantage business by 2027. This announcement comes amid a challenging healthcare landscape marked by increased costs and public scrutiny over healthcare coverage.
U.S. health insurer Centene on Thursday projected 2025 profit above Wall Street expectations amid elevated costs in its government-backed plans and a public outcry over healthcare coverage. https://t.co/iPPwKxhafa https://t.co/iPPwKxhafa
$CNC Centene executive says the Co. expects to achieve break even in Medicare Advantage business by 2027
UnitedHealth Group profits were $22 billion in 2023, or $25 per share. One way to think about these numbers: An investor who owns one share of UHG stock can expect to receive $25 of America’s health care spending, despite contributing precisely nothing to American health care.