Investing.com - Centene (NYSE:CNC) reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.34 on revenue of $18.36B. Analysts polled by Investing.com expected EPS of $1.24 on revenue of $18B. That compared to EPS of $1.8 on revenue of $14.18B in the same period a year earlier. The company had reported EPS of $1.39 on revenue of $18.44B in the previous quarter.
For the year, Centene shares are down 9.47%, under-performing the S&P 500 which is up 20.51% year to date.
Centene follows other major Healthcare sector earnings this month
On Tuesday, July 16, 2019, J&J reported second quarter EPS of $2.58 on revenue of $20.56B, compared to forecasts of EPS of $2.46 on revenue of $20.29B.
Novartis ADR earnings beat analyst's expectations on Thursday, with second quarter EPS of $1.34 on revenue of $11.76B. Investing.com analysts expected EPS of $1.21 on revenue of $11.49B
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