secwatch.observer — SEC 8-K summary
======================================

Issuer:     CENTENE CORP (CNC)
CIK:        0001071739
Form:       8-K
Filed at:   2025-04-25T23:59:59+00:00
Accession:  0001071739-25-000087
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centene Q1 adjusted EPS $2.90 beats $2.26 YoY; raises FY revenue guidance by $6B
--------------------------------------------------------------------------------

- Adjusted diluted EPS of $2.90 vs $2.26 in Q1 2024 (+28%); GAAP EPS $2.63.
- Premium & service revenues $42.5B, up 17% YoY; raises FY guidance to $164-166B (+$6B).
- Marketplace membership up 29% to 5.6M; Medicare PDP up 22% to 7.9M.
- Nevada and Illinois contract wins: SilverSummit re-selected for Medicaid; Meridian for dual eligibles.
- HBR 87.5% (vs 87.1%); cash flow from ops $1.5B, partially delayed state premium payment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071739/000107173925000087/0001071739-25-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071739/000107173925000087/cnc-20250425.htm
  HTML page:      https://secwatch.observer/filing/0001071739-25-000087

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