Earnings Per Share (EPS) of $2.90, surpassing estimates and indicating a significant year-over-year increase.
Revenue Growth to $46.62 billion, exceeding expectations and demonstrating consistent over-performance against consensus revenue estimates.
Financial Health Indicators such as a P/E ratio of 9.02 and a debt-to-equity ratio of 0.74, showcasing Centene’s valuation and moderate debt level.
Centene Corporation (NYSE:CNC) is a prominent player in the healthcare insurance industry, known for its comprehensive range of services. The company provides health plans to individuals and families, with a focus on government-sponsored programs. Centene competes with other major health insurers in the market, striving to maintain its strong position through strategic initiatives and financial performance.
On April 25, 2025, Centene reported earnings per share (EPS) of $2.90, surpassing the estimated $2.52. This performance not only exceeded the Zacks Consensus Estimate of $2.36 but also marked a significant increase from the $2.26 EPS reported in the same quarter last year. The 22.88% earnings surprise highlights Centene’s ability to outperform market expectations consistently.
Centene’s revenue for the first quarter of 2025 reached $46.62 billion, exceeding the anticipated $42.76 billion. This revenue figure also surpassed the Zacks Consensus Estimate by 7.24% and showed growth from $40.41 billion in the previous year. Over the past four quarters, Centene has consistently exceeded consensus revenue estimates, demonstrating its strong market position and operational efficiency.
The company’s financial metrics provide further insights into its valuation and financial health. Centene’s price-to-earnings (P/E) ratio is approximately 9.02, indicating the market’s valuation of its earnings. The price-to-sales ratio stands at about 0.17, suggesting a relatively low market valuation compared to its revenue. Additionally, the enterprise value to sales ratio is around 0.21, reflecting the company’s total valuation in relation to its sales.
Centene’s debt-to-equity ratio is about 0.74, indicating a moderate level of debt relative to equity. The current ratio is approximately 1.11, suggesting that Centene has a slightly higher level of current assets compared to its current liabilities. This can be a positive indicator of short-term financial health, ensuring the company can meet its obligations.