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Centene Corporation (CNC) shares rose 10% in premarket trading after reporting an unexpected Q3 profit of $0.50 per share, beating estimates for a loss. The insurer raised its full-year EPS outlook to at least $2 from $1.75. The company also recorded a $6.7 billion non-cash goodwill impairment following a quantitative analysis completed in October.
short by / 06:25 pm on 29 Oct
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