---
schema_version: "secwatch.filing_event.v1"
accession: "0001071739-23-000182"
form_type: "8-K"
ticker: "CNC"
cik: "0001071739"
company_name: "CENTENE CORP"
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T22:48:17.544832+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Centene Q2 adjusted EPS $2.10 beats prior year; raises full-year guidance to at least $6.45

## Summary
- GAAP diluted EPS $1.92; adjusted diluted EPS $2.10 (+18% vs $1.77 in Q2 2022).
- Premium & service revenue $34.8B, up 3% YoY; total revenue $37.6B.
- HBR 87.0% (up from 86.7%); adjusted SG&A ratio 8.6% (vs 8.2% YoY).
- Raised FY2023 adjusted EPS guidance by $0.05 to at least $6.45; reaffirms FY2024 floor of >$6.60.
- Repurchased 6.0M shares for $400M in Q2; additional 4.5M shares for $300M in July 2023.

## SEC filing metadata
- accession: 0001071739-23-000182
- form_type: 8-K
- ticker: CNC
- cik: 0001071739
- company_name: CENTENE CORP
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1071739/000107173923000182/0001071739-23-000182-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1071739/000107173923000182/cnc-20230728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001071739-23-000182
- JSON: https://secwatch.observer/filing/0001071739-23-000182.json
- Plain text: https://secwatch.observer/filing/0001071739-23-000182.txt

## Key facts
- Earnings Releases
  CENTENE CORP reported second quarter ended June 30, 2023 results: revenue $34.8 billion, net income Diluted EPS of $1.92, EPS Adjusted diluted EPS of $2.10. Guidance raised.
  - Period: second quarter ended June 30, 2023
  - Revenue: $34.8 billion
  - Net income: Diluted EPS of $1.92
  - EPS: Adjusted diluted EPS of $2.10
  - Guidance: raised
  - Result: reported results
  source text: EPS of $2.10 -- -- Increases 2023 Full Year Guidance -- • Adjusted diluted EPS of $2.10, up over 18% from $1.77 in the second quarter of 2022. • Premium and service revenues of $34.8 billion in the second quarter of 2023. • Medicaid redeterminations progressing as expected. • Increases 2023 full year adjusted diluted EPS guidance by $0.05 to at least $6.45;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1071739/000107173923000182/0001071739-23-000182-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.