Centene Corporation
Centene Corporation Reports Strong Q1 2026 Results and Updates Guidance
Summary
Centene Corporation announced its financial results for the first quarter of 2026, reporting strong adjusted diluted earnings per share (EPS) of $3.37, up from $2.90 in the same period last year. The company also updated its full-year 2026 guidance, raising the GAAP diluted EPS guidance to greater than $2.37 and the adjusted diluted EPS guidance to greater than $3.40. Centene's total revenues for Q1 2026 were $49.9 billion, with a health benefits ratio of 87.3%. The company's membership across its various lines of business saw slight fluctuations, with total at-risk membership at 26.3 million. Centene also provided details on its premium and service revenues, SG&A expenses, and cash flow from operations.
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About Centene Corporation
Centene Corporation is a diversified healthcare enterprise providing a comprehensive range of managed care services to government-sponsored healthcare programs. Specializing in serving uninsured and underinsured populations, Centene offers health plans, benefits management, and other related services. It operates through two primary segments: Managed Care and Specialty Services. The Managed Care segment provides health plan coverage to individuals through Medicaid, Medicare Advantage, and the Health Insurance Marketplace, impacting millions of lives across the United States. Meanwhile, the Specialty Services segment enhances healthcare quality and affordability through offerings such as pharmacy solutions, behavioral health, and optometry services. Founded in 1984 and headquartered in St. Louis, Missouri, Centene plays a significant role in the healthcare sector by addressing accessibility and cost challenges, thereby shaping market trends and influencing policy developments. As a major participant in the managed care industry, Centene is crucial for promoting coordinated care and improving health outcomes for vulnerable populations.
Official SEC Documents
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