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spk01: All participants will be in listen-only mode.
spk00: Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity
spk01: To ask a question, you may press star then one on your telephone keypad.
spk00: To withdraw your question, please press star then two. Please note, today's event is being recorded. I would now like to turn the comments over to Jennifer Gilligan, Senior Vice President,
spk01: and some of us relations. Please go ahead. Thank you, Rocco, and good morning, everyone. Thank you for joining us on our third quarter earnings results conference call. Sarah London, Chief Executive Officer, Andrew Asher, Executive Vice President and Chief Financial Officer of Centene will host this morning's call, which also can be accessed through our website, at centene.com. Ken Fasola, Centene's president, will also be available as a participant during Q&A. Any remarks that Centene may make about future expectations and prospects constitute forward-looking statements for the purpose of the safe harbor provision under the Private Securities Litigation Reform Act of 1995. Results may differ materially indicated by those forward-looking statements as a result of various important factors, including those discussed in Centene's most recent form 10-K, filed on February 21, 2023, and other public SEC filings. Centene anticipates that subsequent events and developments may cause its estimates to change. While the company may elect to update these forward-looking statements at some point in the future, we specifically discussed claim any obligation to do so. The call will also refer to certain non-cap measures. reconciliation of these measures with the most directly comparable gap measures can be found in our third quarter 2023 press release, which is available on the company's website under the Investor section. The company is unable to provide a reconciliation of certain 2024 measures to the corresponding without unreasonable effort due to the difficulty of predicting the timing and amount of various items. in a reasonable range. Finally, I'd like to highlight our upcoming... December 12th. This event will also be available With that, I would like to turn the call over to our CEO, Sarah London. Sarah? Thank you, Jen, and thank you to everyone for joining us. This morning, we reported very strong third quarter 2020 three results including of $2. Outperforming our internal expectations. by approximately 20 cents. and excellent place growth and performance contributing the strength in the quarter as well. That was our improved outlook for 2023. We now expect full year 2023. adjusted earnings per share of at least $6.60, representing over 14% year-over-year growth. With my time this morning, I'll hit on key focus areas. including Medicaid rededications, upcoming RFPs, marketplace projects, performance and recent Medicare Advantage results. And then provide... a brief update on the operational progress we have made over the last few months. over to Drew to provide details on the additional commentary relative to our financial guidance for 2023. Let's start with Medicaid. We are now over 40%. We have approximately 1 million members. Continue to track in line with our expectations for members. Good day, and welcome to Centene Corporation. Earnings released. Participants. will be in listen-only mode. Should you need assistance, by pressing the start key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask question, you may press start. To answer your question, please press star then 2. Please note today's event is being recorded. Turn the conference over to Jennifer Gilligan. Senior Vice President. Please go ahead. Thank you, Rocco, and good morning. Thank you for joining us on our Welcome to the 17th Corporation Third Quarter Earnings Release. All participants will be enlisted. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. To respond to a question, you may press star then two. Please note today's event is being recorded. I would now like to turn the comments over to Jennifer Gilligan, Senior Vice President, Finance and Investment Relations. Please go ahead. Thank you, Rocco, and good morning. Thank you for joining us on our third quarter earnings results conference call. I'm Sarah London. Chief Executive Officer, Andrew Asher, Executive Vice President, and Chief Financial Officer of Centene will host this morning's call. which also can be accessed through our website at centene.com. will also be available.
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