Centene posts Q3 2026 loss but lifts 2026 EPS guidance

Centene Corp. reported third‑quarter 2026 GAAP loss of $0.14 per share and adjusted earnings of $0.58 per share. Revenue reached $50.647 billion, up 0.5% YoY, while the health‑benefits ratio improved to 92.7%. The company raised its 2026 GAAP EPS floor to greater than $3.46 and its adjusted EPS floor to greater than $5.20, and reduced debt by $1.1 billion after June 30, 2026.

The higher EPS guidance signals a faster earnings recovery, which may support the stock price and affect analyst forecasts (the company expects adjusted EPS above $5.20, per the press release). The debt reduction improves the balance‑sheet profile for investors.

  • 1GAAP diluted loss per share was $(0.14) for Q3 2026.
  • 2Adjusted diluted earnings per share for Q3 2026 were $0.58.
  • 3Total revenue for the quarter was $50,647 million.
  • 4Health benefits ratio (HBR) was 92.7% in Q3 2026.
  • 52026 GAAP EPS guidance was raised to greater than $3.46.
  • 62026 adjusted EPS guidance was raised to greater than $5.20.

Sources