On Friday, Centene Corporation (NYSE:CNC) reported second-quarter sales of $39.84 billion, up 5.9% year-over-year, beating the consensus of $36.46 billion. Centene earned an adjusted EPS of $2.42 during the quarter, beating the consensus of $2.07. “While we have work to do in Medicaid as redeterminations wind down, the overall performance of the diversified portfolio enables us to remain on track for 2024 adjusted diluted EPS guidance,” said Chief Executive Officer of Centene, Sarah London. In the second quarter, premium and service revenues rose by 3% to $36.0 billion, mainly due to membership growth in the Marketplace business, strong product positioning, overall market growth, and outperformance in Marketplace risk adjustment for the 2023 benefit year. This ...