Centene Lifts 2026 Adjusted EPS Floor by $0.40 to Above $5.20
ST. LOUIS – October 29, 2026 -- Centene Corporation raised its 2026 adjusted diluted EPS guidance floor by $0.40 to greater than $5.20, after third-quarter adjusted diluted EPS of $0.58 and a GAAP diluted loss of $0.14 per share. The insurer also lifted its GAAP diluted EPS guidance floor to greater than $3.46.
CEO Sarah M. London said the company's core businesses produced a "faster recovery" in its earnings trajectory than previously anticipated.
Medicare outperformance narrows the full-year HBR range to 90.4%-91.1%
The consolidated health benefits ratio (HBR) was 92.7% in the third quarter, unchanged from a year earlier and better than the company expected. Medicare drove the outperformance, while Medicaid and Marketplace are on track. Centene cut its full-year HBR guidance range to 90.4%-91.1%, improving the midpoint by 15 basis points to 90.75%.