earnings
confidence high
sentiment positive
materiality 0.75
Centene Q2 GAAP EPS $2.19, adj. EPS $2.51; raises 2026 guidance; board changes
CENTENE CORP
2026-Q2 EPS reported
$5.30
revenue$103,523,000,000
- Q2 GAAP diluted EPS $2.19, adjusted diluted EPS $2.51; total revenues $53.6B, premium & service revenues $44.4B.
- Health benefits ratio improved to 89.6% from 93.0% YoY; Medicaid HBR 93.9%, Commercial 79.2%, Medicare 89.5%.
- 2026 guidance raised: GAAP diluted EPS >$3.11, adjusted diluted EPS >$4.80.
- Board changes: Kenneth Burdick resigned; Paul Diaz appointed effective July 28, 2026. Diaz is former CEO of Myriad Genetics and Kindred Healthcare.
- Repurchased $260M of senior notes due 2027/2028; total debt $16.1B; cash from operations $3.6B.