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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