secwatch.observer — SEC 8-K summary
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Issuer:     CENTENE CORP (CNC)
CIK:        0001071739
Form:       8-K
Filed at:   2025-10-29T23:59:59+00:00
Accession:  0001071739-25-000185
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centene Q3 GAAP loss $(13.50) from $6.7B impairment; adjusted EPS $0.50; raises FY guide to $2.00
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- GAAP diluted loss per share $(13.50) driven by $6.7B non-cash goodwill impairment; adjusted diluted EPS $0.50.
- Premium and service revenues $44.9B (+22% YoY) with Medicaid HBR 93.4% including 40bp retroactive benefit.
- Raises FY2025 adjusted diluted EPS forecast to at least $2.00 from $1.75, citing margin progress.
- Total at-risk membership 27.97M (+8% YoY); Marketplace membership up 29% to 5.8M; TRICARE ended.
- Operating cash flow $1.356B; debt-to-capital ratio 45.5% after retained earnings reduction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071739/000107173925000185/0001071739-25-000185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071739/000107173925000185/cnc-20251029.htm
  HTML page:      https://secwatch.observer/filing/0001071739-25-000185

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