By Allison Prang
Centene Corp.'s /zigman2/quotes/208900023/composite CNC -1.37% earnings increased as revenue climbed.
Centene reported net income of $495 million, up 65% from the comparable quarter a year prior. Earnings were $1.18 a share, up from 75 cents a share.
Adjusted earnings were $1.34 a share, up from 90 cents a share. Analysts polled by FactSet were expecting $1.24 a share.
Revenue rose 29% to $18.36 billion. Analysts polled by FactSet were expecting $18.02 billion.
Managed care membership rose 17% from the comparable quarter a year earlier, the company said.
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