Healthcare Finance News December 16, 2024
Centene is predicting that between $154 and $156 billion will come from premium and service revenues.
During its Investor Day last week, Centene released its earnings guidance and projected between $166.5 and $169.5 billion in revenue for 2025, representing slight growth year-over-year.
Of that, Centene is predicting that between $154 and $156 billion will come from premium and service revenues. GAAP diluted earnings per share (EPS) will be greater than $6.19, the company said, with adjusted diluted EPS of greater than $7.25.
Centene is also projecting a health benefits ratio (HBR) of 88.4% to 89%, a selling, general and administrative (SG&A) expense ratio of 8.1% to 8.7%, and adjusted SG&A expense ratio of 8.1% to 8.7%.
Revenue for the company...
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