Centene Corp’s share of pre-conference trading strengthened by 1.3% as the healthcare company provided higher-than-expected 2022 revenue estimates.
The company stressed that it is evaluating alternative strategies for its international activities, as part of its plan to optimize its portfolio of activities and stressed that it expects the repurchases of own shares to play an important role next year, to return value to shareholders.
The company stressed that it expects revenues in 2022 to reach 135.9-137.9 billion dollars, compared to estimates for 132.6 billion dollars.
Adjusted earnings per share are expected to be at $ 5.30-5.50, compared to estimates for $ 5.37.
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Source From: Capital
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