Centene Raises 2026 Adjusted EPS Guidance Floor by $0.40

Centene Corporation announced its third-quarter 2026 financial results, reporting GAAP diluted EPS of $(0.14) and adjusted EPS of $0.58, with quarterly revenue reaching $50.65 billion. Following these results, the company raised its full-year 2026 guidance, now expecting GAAP EPS of more than $3.46 and adjusted EPS of more than $5.20. Management attributed the improved outlook to margin recovery momentum, supported by a Health Benefits Ratio (HBR) guidance range of 90.4% to 91.1% and reduced interest expenses of $600 million to $620 million, aided by debt repurchases. The company's performance reflects a focus on core business profitability and cost control measures.