Centene Corporation Provides Earnings Guidance for the Fourth Quarter and Full Year of 2019 and Full Year 2020; Reports Impairment Results for the Third Quarter 2019
The company expects fourth quarter total revenues to be lower than the third quarter 2019 revenues as a result of the state-directed payments previously mentioned.
For 2020, the company is still projecting total revenue to be around that $79 plus billion range.
Goodwill and intangible impairment for the third quarter 2019 was $271 million compared to nill a year ago.