Centene Corp（CNC）のニュースとイベントCNCCentene Corp

Centene Reports Q2 Revenue of $53.58B, Beating Consensus

Reports Q2 revenue $53.58B, consensus $47.45B. "Our second quarter results and improved full-year outlook represent meaningful milestones on our path to restoring profitability and increasing shareholder value," said Chief Executive Officer of Centene, Sarah M. London. "We are excited by the positive momentum we have built and remain focused on our goal of delivering industry-leading health outcomes with an industry-leading cost structure."

Company Raises FY26 Revenue Outlook to $193.5B-$197.5B

Consensus $3.52. Raises FY26 revenue view to $193.5B-$197.5B from $187.5M-$191.5M, consensus $190.33B. Lowers FY26 adjusted effective tax rate view to 25.5%-26.5% from 26%-27%. The company said, "The Company is increasing total revenues guidance range by $6.0 billion to a range of $193.5 billion to $197.5 billion driven by premium tax revenue, Marketplace, and Medicaid. The Company is increasing premium and service revenues guidance range by $2.0 billion to a range of $173.0 billion to $177.0 billion driven by Marketplace and Medicaid. The Company is also increasing its investment and other income expectation by $50 million to $1.50 billion. The Company is updating its 2026 GAAP diluted EPS guidance floor to greater than $3.11 and its 2026 adjusted diluted EPS guidance floor to greater than $4.80."

Centene Subsidiary Awarded Illinois Healthcare Contract

Centene Corporation announced that its Illinois subsidiary, Meridian Health Plan of Illinois, has been selected by the Illinois Department of Healthcare and Family Services, HFS, to continue providing services for the HealthChoice Illinois Medicaid managed care program. The four-year contract is expected to begin January 1, 2027, through 2030. "Centene has a long track record serving Medicaid and dually eligible Medicaid-Medicare members in Illinois," said Chief Executive Officer Sarah London. "This award reflects Meridian's strong local partnerships and focus on delivering coordinated, high-quality care while connecting people to the support they need beyond the clinical setting. We value our partnership with the state and look forward to continuing to expand access and strengthen outcomes across Illinois."