Centene Corp. (CNC) - Get Centene Corporation Report is expected to report net income of $388.3 million, or 95 cents a share, on sales of $18.5 billion before the market opens on Tuesday, based on a FactSet survey of 19 analysts.
In the same period a year ago, the company posted earnings of 89.5 cents a share on sales of $16.2 billion. It reported net income of $300 million.
The stock has fallen 10.8% since the company last reported earnings on July 23.
Quarterly estimates have fallen less than 1 cent a share in the past month.
In the upcoming quarter, analysts are forecasting net income of $301.5 million, or 74 cents a share, on sales of $18.6 billion.
Centene is currently trading at a price-to-forward-earnings ratio of 9.7 based on the 12-month estimates of 19 analysts surveyed by FactSet.
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