Oct. 24 at 5:14 PM
$CNC is again being punished for blowing up their guidance and offering a a worst case scenario.
Look at their history, way more often than not it's a beat. I expect this to happen again, for several reasons.
I am giddy at the thought of Q3 through Q4's updated guidance. Already, it's looking like Medicaid programs are outperforming Medicare.
$MOH stated this as well has
$UNH. Medicaid is the primary revenue source for Centene.
As I have been saying since June, Centene has competent leadership who understand the short-term down is worth the trust building exercise.
I am happy to ride this gravy train.
