Centene Corporation's Stock Analysis

Centene to Present Financial Outlook at UBS Healthcare Conference

Centene Corporation will participate in the UBS 2025 Global Healthcare Conference on November 11, 2025, at 10:15 a.m. EST, where management will discuss the company's financial outlook. The company has reaffirmed its previously issued full-year 2025 GAAP forecast of a diluted loss per share not exceeding $(12.85) and an adjusted diluted earnings per share forecast of at least $2.00. A live audio webcast of the presentation will be available on Centene's website, and a replay will be accessible afterward.

The company is providing non-GAAP financial measures to help investors assess its ongoing operations and performance consistency. These measures exclude certain expenses, allowing for a more meaningful understanding of Centene's core performance over time. Investors are encouraged to review the company's consolidated financial statements and publicly filed reports for a comprehensive view of its financial status, as the non-GAAP measures may differ from those used by other companies.

Nov 10, 2025 16:40:53

Centene Reports Q3 2025 Results with Goodwill Impairment Impact

Centene Corporation announced its financial results for the third quarter of 2025, reporting a GAAP diluted loss per share of $(13.50) primarily due to a non-cash goodwill impairment of $6.7 billion. The adjusted diluted earnings per share (EPS) for the quarter was $0.50, benefiting from a lower effective tax rate. The company’s premium and service revenues increased by 22% year-over-year, reaching $44.9 billion, driven by growth in its Medicare and Medicaid segments despite a decline in Medicaid membership. The health benefits ratio for the quarter was 92.7%, reflecting increased medical costs in the Marketplace and Medicaid sectors.

Centene has updated its full-year adjusted diluted EPS forecast to at least $2.00, an increase of $0.25 from previous estimates. The company reported cash and investments totaling $38.8 billion and maintained a debt-to-capital ratio of 45.5% as of September 30, 2025. Additionally, Centene's SG&A expense ratio improved to 7.0% from 8.3% year-over-year, indicating better expense management amidst revenue growth. The company will host a conference call to discuss these results and provide further insights to investors.

Oct 28, 2025 20:02:04

Centene to Present at Deutsche Bank Healthcare Summit

Centene Corporation will participate in the Deutsche Bank 2025 Healthcare Summit on September 11, 2025, at 8:00 a.m. EDT. Management will discuss the company’s business and financial results through August, aligning with its previously issued forecast of approximately $1.75 adjusted diluted earnings per share (EPS). A live audio webcast of the presentation will be available, along with a replay on the company's website.

The company is providing non-GAAP financial measures to help investors assess its ongoing operations and performance consistently. These measures exclude certain expenses, allowing for a clearer understanding of core performance over time. However, Centene cautions that these non-GAAP measures may differ from those used by other companies, and it encourages investors to review its consolidated financial statements for a complete picture of its financial health.

Sep 10, 2025 21:40:56

Centene Director Thomas R. Greco Resigns Effective August 2025

Director Thomas R. Greco has resigned from Centene Corporation, effective August 22, 2025. His resignation is attributed to increased professional responsibilities following his appointment as CEO of FleetPride, Inc. There were no disputes or disagreements between Mr. Greco and the Company or its Board regarding operations or policies.

Following Mr. Greco's departure, the Board of Directors will be reduced to nine members. This change in the board composition may impact the governance structure of the Company as it continues its operations.

Aug 15, 2025 16:29:37

Centene Director Resignation Reduces Board Size to Ten

Wayne S. DeVeydt has resigned from his position as a director of Centene Corporation, effective immediately as of August 1, 2025. His resignation was not due to any disputes or disagreements with the company or its Board of Directors.

Following Mr. DeVeydt's departure, the Board has adjusted its composition, reducing the number of directors to ten. This change may impact the governance structure of the company.

Aug 04, 2025 16:36:48

Centene Reports Second Quarter 2025 Financial Results

Centene Corporation reported a diluted loss per share of $(0.51) for the second quarter of 2025, with an adjusted diluted loss per share of $(0.16). The company experienced an 18% increase in premium and service revenues, reaching $42.5 billion, primarily due to growth in its Medicare and Marketplace segments. However, the health benefits ratio rose to 93.0% from 87.6% in the previous year, attributed to increased medical costs and a reduction in risk adjustment revenue estimates. Operating cash flow was reported at $1.8 billion, reflecting improved timing of pharmacy rebate remittances.

As of June 30, 2025, Centene maintained cash, investments, and restricted deposits totaling $37.5 billion, with medical claims liabilities amounting to $20.1 billion. The company’s total debt stood at $17.6 billion, with no borrowings on its $4 billion revolving credit facility. Centene's management is focused on addressing the trends impacting performance and aims to adapt to the evolving market landscape to deliver value to its stakeholders.

Jul 24, 2025 21:46:22

Centene Corporation Withdraws 2025 Earnings Guidance Amid Market Changes

Centene Corporation has withdrawn its previous guidance for 2025 earnings per share due to unexpected changes in the Health Insurance Marketplace. An analysis of preliminary data from 22 of its 29 Marketplace states revealed lower market growth and higher morbidity rates than anticipated, leading to an estimated reduction of approximately $1.8 billion in expected risk adjustment revenue, which corresponds to an adjusted diluted EPS impact of about $2.75. The company also expects further reductions for the remaining states based on these observed trends.

Additionally, Centene has started the process of refiling its 2026 Marketplace rates to reflect the higher morbidity projections. While the final 2024 risk adjustment results were in line with expectations, the company noted a step-up in medical costs within its Medicaid business, particularly in areas such as behavioral health and high-cost drugs. The second quarter 2025 results will be reported on July 25, 2025, providing further insights into the company's performance.

Jul 01, 2025 16:43:52

Centene Reports 28% EPS Growth and Revenue Increase

Centene Corporation announced its financial results for the first quarter of 2025, reporting an adjusted diluted earnings per share (EPS) of $2.90, which is a 28% increase from $2.26 in the same quarter of 2024. The company also experienced a 17% year-over-year growth in premium and service revenues, totaling $42.5 billion, driven by significant increases in Marketplace and Medicare membership. Additionally, Centene raised its 2025 premium and service revenues guidance by $6.0 billion, reflecting strong performance in enrollment and member retention.

The company reported total revenues of $46.6 billion for the quarter and a health benefits ratio of 87.5%. The selling, general and administrative (SG&A) expense ratio improved to 7.9%, down from 8.9% in the previous year. Cash flow from operations was $1.5 billion, and total debt stood at $18.3 billion. Centene's subsidiaries secured contracts in Nevada and Illinois to continue providing Medicaid and Medicare services, which are expected to begin in January 2026. The company is also recognized as one of America's Most Innovative Companies by Fortune® Magazine for the second consecutive year.

Apr 24, 2025 20:19:02

Centene Appoints Kenneth Y. Tanji to Board of Directors

Centene Corporation has appointed Kenneth Y. Tanji to its Board of Directors, increasing the board's size to 12 members. Mr. Tanji brings over 30 years of financial expertise, particularly in capital optimization and strategic acquisitions, which Centene's CEO believes will be beneficial as the company addresses healthcare challenges. His prior experience includes serving as CFO at Prudential Financial and teaching corporate finance at Rutgers University.

While the appointment adds a seasoned professional to the board, there are no specific financial metrics or performance updates provided in the release. The focus remains on Mr. Tanji's qualifications and potential contributions to Centene's mission of enhancing healthcare services for underserved populations, without detailing any immediate impacts on the company's financial standing.

Feb 24, 2025 16:17:11

Centene Corporation Reports $6.31 EPS for 2024

Centene Corporation announced a diluted earnings per share (EPS) of $6.31 for 2024, with adjusted diluted EPS rising to $7.17, reflecting a 7% increase from the previous year. The company experienced a 12% increase in Marketplace membership and a significant 50% rise in Medicare Prescription Drug Plan (PDP) membership compared to the prior quarter. Additionally, Centene executed $3.0 billion in share repurchases throughout the year and increased its 2025 revenue guidance by $4.0 billion, primarily due to Medicaid revenue and strong Medicare enrollment performance.

On the downside, Centene faced challenges with a health benefits ratio (HBR) of 89.6% for the fourth quarter, slightly higher than the previous year, attributed to increased acuity in Medicaid. The SG&A expense ratio was reported at 8.9%, indicating a rise compared to the previous year, driven by growth in the Marketplace business. Furthermore, cash flow used in operations for the fourth quarter was negative at $587 million, largely due to timing issues related to receivables, and total debt stood at $18.5 billion.

Feb 03, 2025 18:39:52