Centene tanks in premarket trading after pulling 2025 forecast

ReutersJul 2, 2025 8:11 AM

Shares of health insurer Centene CNC.N fall 24.3% to $42.88 premarket

Co withdraws its 2025 earnings forecast

Change comes after new industry data showed a significant drop in expected revenue from its marketplace health insurance plans

Centene had previously forecast 2025 adjusted earnings per shares of more than $7.25

Co to report its quarterly results on July 25

CNC has fallen 6.5% YTD

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