RTTNews | Apr 27, 2021 06:14AM EDT

06:13 Tuesday, April 27, 2021 (RTTNews.com) - Centene Corp. (CNC) said the company is increasing full-year guidance, driven by the positive first quarter momentum and the tailwinds it expect to persist throughout the months ahead. Adjusted EPS is projected in a range of $5.05 to $5.35. Total revenues are estimated in a range of $120.1 billion to $122.1 billion.

First quarter adjusted EPS was $1.63, compared to $0.86, last year. On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $1.59, for the quarter. Analysts' estimates typically exclude special items. EPS for the first quarter was $1.19, compared to $0.08.

For the first quarter, total revenues increased 15% to $30.0 billion from $26.0 billion, last year. Analysts expected revenue of $29.5 billion, for the quarter.

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