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CENTENE CORPORATION WITHDRAWS 2025 GUIDANCE
- On July 1, 2025, Centene Corporation announced it was retracting its full-year 2025 financial forecast, including earnings expectations, due to increased financial challenges.
- The company’s withdrawal followed an independent actuarial evaluation of 22 states, which revealed a $1.8 billion decrease in anticipated risk adjustment payments coupled with escalating Medicaid expenses.
- Centene’s Medicaid segment experienced rising healthcare expenses driven mainly by mental health services, in-home care, and expensive medications, with these challenges being especially significant in regions like New York and Florida.
- Shares of Centene dropped more than 40% on July 2, 2025, marking its worst single-day performance and triggering a sector-wide selloff despite better-than-expected Medicare Advantage results.
- The company has begun refiling 2026 Marketplace premium rates to address a higher baseline morbidity and expects to provide earnings details on July 25, 2025.
42 Articles
42 Articles
Centene Corporation (CNC) Investors See Over $11 Billion Of Shareholder Value Wiped Out In 1 ...
SAN FRANCISCO, July 03, 2025 (GLOBE NEWSWIRE) -- On July 2, 2025, investors in Centene Corp. (NYSE: CNC) saw the price of their shares of this normally low-volatility stock crash 40%, after the company withdrew its guidance, blaming preliminary discussions…
Jim Cramer On Centene's 40% Crash: Fewer ACA Signups, Sicker Patients, Pulled Guidance And Major Earnings Hit Trigger Selloff: 'This Is Horrifying' - Cigna Group (NYSE:CI), Centene (NYSE:CNC)
Shares of managed care provider Centene Corp. (NYSE: CNC) dropped over 40% on Wednesday, marking the worst single-day performance in the company's history.
Constellation Brands Dips; Centene Lower; Verint Possible Acquisition - Stock Movers
On this episode of Stock Movers: Constellation Brands (STZ) is lower this morning after it posted a small EPS miss in its latest earnings, which analysts attribute to weaker-than-expected sales for its beer. The report was a mixed bag as the company continues to weather the storm of weakening end markets and poor macro data, analysts add. Centene Corp. (CNC) is lower after it pulled its 2025 guidance due to insurance market trends that differed …
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