Bear of the Day: Centene (CNC)
Key Takeaways CNC withdrew its 2025 guidance due to higher-than-expected market morbidity and slowing growth. An expected 2.75. Analysts have already slashed 2025 EPS by over 50% from 3.55.Centene Corporation ((CNC), a giant of managed care expected to cross $175 billion in revenues this year, unexpectedly pulled its earnings guidance for 2025 on July 2. This change came after an unexpected shift in the dynamics of the heal ...