Centene boosts its forecasts











Photo credit © Reuters


(Boursier.com) — Centennial is gaining ground before the stock market on Wall Street, while the health insurer has just raised its financial estimates in terms of profits and added 3 billion dollars to its share buyback program. The group also intends to reduce its real estate footprint. These fine intentions to create value are therefore welcomed. The group now expects, for 2022, adjusted earnings per share ranging from $5.55 to $5.7. A billion dollar debt buyback plan is also announced. 2022 Premium and Services revenues are now expected to be between $134.3 billion and $136.3 billion.


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