Centene reports Q2 adjusted EPS $2.51, consensus $1.08
Centene reports Q2 adjusted EPS $2.51, consensus $1.08
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10:14:01 AM UTC
SquawkNews
CNC Centene RESULTS: Q2, Q2 ADJ EPS $2.51 vs. EST $1.08, Q2 REV $53.579B vs. EST $47.617B, Q2 Medical loss ratio, the percentage of premiums spent on Medical Care, was 89.6% in the second quarter (est. 91.3%), Centene Earnings Notes:, Now sees 2026 adjusted profit at more than $4.80 per share, higher than its previous expectations of above $3.40 per share (est. $3.52), Outlook FY total REVs $193,500-197.500B, Raises 2026 premium and service REVs guidance to $173.0-$177B, Raises 2026 investment and other Income expectation to $1.50B
CNC Centene RESULTS: Q2, Q2 ADJ EPS $2.51 vs.
EST $1.08, Q2 REV $53.579B vs.
EST $47.617B, Q2 Medical loss ratio, the percentage of premiums spent on Medical Care, was 89.6% in the second quarter (est.
91.3%), Centene Earnings Notes:, Now sees 2026 adjusted profit at more than $4.80 per share, higher than its previous expectations of above $3.40 per share (est. $3.52), Outlook FY total REVs $193,500-197.500B, Raises 2026 premium and service REVs guidance to $173.0-$177B, Raises 2026 investment and other Income expectation to $1.50B