โ
๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข EPS: $2.51 (Est. $1.08) โ
โข Revenue: $53.58B (Est. $47.45B) โ
โข Health Benefits Ratio: 89.6% vs. 93.0% YoY.
โข Premium & service revenue: $44.38B (+4% YoY).
โข Operating cash flow: $3.59B.
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข FY2026 EPS: >$4.80 (Est. $3.52) โ
โข FY2026 revenue: $193.5Bโ$197.5B (Midpoint: $195.5B vs. Est. $190.33B) โ
โข Premium & service revenue: $173.0Bโ$177.0B.
โข FY2026 GAAP EPS guidance raised to >$3.11.
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Significant profitability improvement driven by lower medical costs, stronger Medicare performance, and improved Marketplace pricing.
โข Commercial Health Benefits Ratio improved to 79.2%, while Medicare HBR was 89.5% and Medicaid HBR was 93.9%, in line with expectations.
โข Membership declined to 25.9M, primarily due to lower Marketplace and Medicaid enrollment, partially offset by strong Medicare PDP growth.
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
CEO Sarah London said Centene's improved results reflect meaningful progress in restoring profitability through stronger pricing, disciplined medical cost management, and a lower-cost operating structure, supporting the higher full-year outlook.