secwatch.observer — SEC 8-K summary
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Issuer:     CENTENE CORP (CNC)
CIK:        0001071739
Form:       8-K
Filed at:   2023-07-28T23:59:59+00:00
Accession:  0001071739-23-000182
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071739/000107173923000182/0001071739-23-000182-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071739/000107173923000182/cnc-20230728.htm
  HTML page:      https://secwatch.observer/filing/0001071739-23-000182

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer