1D·

Centene withdraws forecast for 2025 after market shock

$CNC (+1,53%)
$CI (+0,6%)
$OSCR
$UNH (+0,3%)
$HUM (+1,52%)
$CVS (+0,26%)

$CNC (+1,53%) Centene has withdrawn its earnings guidance for 2025 after new data showed significantly higher morbidity and lower than expected growth in the Marketplace business. This resulted in a decline in net revenue from risk adjustment of approximately $1.8 billion and a decline in earnings of approximately $2.75 per share. Medicaid costs are also rising, particularly in the areas of mental health, home care and expensive drugs in states such as New York and Florida. $CNC (+1,53%) plans a price correction for 2026 and will provide more information in its Q2 results on July 25.


Oscar Health $OSCR is also down due to its high presence in this area, as are other insurance stocks such as $HUM (+1,52%) , $CI (+0,6%) and $UNH (+0,3%) . $CNC (+1,53%) will announce further details on its Q2 results on July 25.


Centene $CNC (+1,53%) has withdrawn its forecast for 2025 due to rising ACA/Medicaid costs. (The Affordable Care Act (ACA), also known as ObamacareACA) accounts for 72% of the business of $CNC (+1,53%) business.

$UNH (+0,3%) has withdrawn from many ACA markets and it now accounts for only a small part of their business.

$CNC (+1,53%) also reported that Medicare Advantage plans are doing better than expected, could be a positive for $UNH (+0,3%) positive as many people now have to self-insure.

attachment
3
11 ComentĂĄrios

imagem de perfil
I play the blockchain, gold and defense sectors via ETF savings plans.
‱
1
‱
imagem de perfil
@Multibagger Have now also started with $DAPP, savings plan and small one-off payment 👍
‱
1
‱
imagem de perfil
@Multibagger Do you buy the $OSCR dip when it arrives in the afternoon?
‱
1
‱
imagem de perfil
@BamBamInvest Let's see how big it gets. I have to say that I'm still not quite sure how big the impact of what you wrote this morning on $OSCR will be.
‱
1
‱
imagem de perfil
@Multibagger This is really difficult to weigh up, at $UNH it is at least only 11% of sales and could now also lead to an influx of private contracts. Difficult to assess.
‱
1
‱
imagem de perfil
Washington is called Apple Care? Wtf? :D I think Medi-Cal is good too. Arkansas kind of pooped in it.
‱
1
‱
imagem de perfil
@Soprano so it seems according to this list đŸ€Ł
‱‱
imagem de perfil
$CNC is cheap
‱‱
imagem de perfil
@Memo0606 but probably not unjustified, you have to see what effect this has.
‱
1
‱
imagem de perfil
@BamBamInvest Is it too cheap now? đŸ„ž
‱
1
‱
imagem de perfil
@Memo0606 I can't estimate the impact because I can't calculate it. But a trade will probably be worthwhile at some point if we reach the oversold or oversold zone.
‱‱
Participar na conversa