Centene Corp

CNC: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$12.00	Sqdnj	Zvfzfmwm

Centene Earnings: Individual Plan Growth Offsets Medicaid Redetermination Effects

Julie Utterback

Jul 26, 2024

Narrow-moat Centene exceeded expectations in the second quarter on strength in its relatively high-margin individual plans, and the company maintained its guidance for the full year. We are keeping our $92 fair value estimate intact and continue to view Centene shares as moderately undervalued.

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