Centene first-quarter profit rises, company raises 2026 earnings and revenue forecasts
Updated
Updated · MarketWatch · Apr 28
Centene first-quarter profit rises, company raises 2026 earnings and revenue forecasts
15 articles · Updated · MarketWatch · Apr 28
Centene reported Q1 earnings of $1.54 billion, or $3.11 per share, with revenue up 7.1% to $49.94 billion.
Adjusted earnings reached $3.37 per share, surpassing analyst expectations, while the health-benefits ratio fell to 87.3%, below estimates.
Cost cuts and premium growth offset higher medical expenses, prompting Centene to boost its 2026 profit and revenue projections and lift shares 2.3% in premarket trading.
How can Centene sustain record profits as massive federal Medicaid cuts loom?
Is Centene's financial success a model of efficiency or a symptom of industry crisis?
Can Centene's affordable housing investments genuinely reduce long-term healthcare costs?
As Centene boosts profits with AI, are patients at risk of unfair care denials?
With hospitals facing closure from funding cuts, how will Centene ensure patient access?