Centene Q1 2024 Earnings Report
Key Takeaways
Centene Corporation reported a strong first quarter in 2024, with premium and service revenues reaching $36.3 billion. The company's adjusted diluted EPS was $2.26, up over 7% from the first quarter of 2023. Centene increased its full year adjusted diluted EPS guidance by $0.10 to greater than $6.80 and raised its full year premium and service revenue guidance by $1.0 billion.
Adjusted diluted EPS of $2.26, up over 7% from $2.11 in the first quarter of 2023.
Increased 2024 full year adjusted diluted EPS guidance by $0.10 to greater than $6.80.
Premium and service revenues of $36.3 billion in the first quarter of 2024. Increased 2024 full year premium and service revenue guidance by $1.0 billion.
Membership increase of 41% in Marketplace, compared to the first quarter of 2023.
Centene
Centene
Centene Revenue by Segment
Forward Guidance
The Company is updating its 2024 diluted EPS guidance floor to greater than $5.94 and its 2024 adjusted diluted EPS guidance floor to greater than $6.80.
Revenue & Expenses
Visualization of income flow from segment revenue to net income