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Benzinga
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What's Going On With Centene Stock On Thursday?

1. CNC confirms fiscal 2025 outlook of $1.75 EPS, exceeding expectations. 2. Sales surged 22% YoY to $48.74 billion, beating consensus estimates. 3. Increased medical costs overshadowed strong revenue performance. 4. Medicaid results indicate improved trajectory for second half of 2025. 5. CNC stock rose 12.47% to $35.17 after positive fiscal update.

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FAQ

Why Bullish?

CNC's strong earnings outlook and revenue growth suggest positive momentum. Historically, solid EPS guidance tends to drive stock up.

How important is it?

The confirmation of Earnings Per Share guidance is crucial for investor confidence. Strong sales figures highlight operational strength despite cost concerns.

Why Short Term?

Near-term focus on earnings and market perception impacts stock quickly. Expectations may change as fiscal developments unfold.

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