Centene Reports Q2 Earnings, Raises Full-Year Guidance
Centene Corporation (NYSE: CNC) reported second-quarter earnings for 2026 with GAAP diluted EPS of $2.19 and adjusted diluted EPS of $2.51. The company raised its full-year guidance to more than $3.11 in GAAP diluted EPS and over $4.80 in adjusted diluted EPS, citing strong business performance including non-recurring gains from Medicare and Commercial segments. Centene's health benefits ratio (HBR) for the quarter was 89.6%, with notable segment performances: Medicaid at 93.9% HBR, Medicare at 89.5%, and a commercial HBR of 79.2%. The company also reported total revenues of $53.6 billion in Q2, driven by growth in premium yield and membership expansion. Centene's CEO Sarah M. London highlighted the improved outlook as key milestones toward restoring profitability and increasing shareholder value.
Tickers: $CNC