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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Centene Corp | NYSE:CNC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.17 | 0.23% | 74.50 | 75.1119 | 73.78 | 74.47 | 4,706,732 | 01:00:00 |
From May 2019 to May 2024
By Dave Sebastian
Shares of managed-care companies rose after UnitedHealth Group Inc. (UNH) posted better-than-expected third-quarter results and raised its profit guidance.
Anthem Inc. (ANTM) shares rose 6.9%, and those of Cigna Corp.'s (CI) rose 6%. Humana Inc. (HUM) posted a 5% gain, while Centene Corp. (CNC) shares rose 4.3%.
UnitedHealth posted sales of $60.35 billion for the third quarter, up 6.71% from the comparable quarter a year ago and beating the $59.76 billion analysts polled by FactSet had expected.
The Minnesota-based company's earnings rose to $3.67 a share, up 13% from the comparable period last year. Analysts were expecting $3.55 a share.
The company said it expects profit for the full year to be between $14.15 a share and $14.25 a share, compared with its previous forecast of $13.95 a share to $14.15 a share.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
October 15, 2019 11:39 ET (15:39 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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