Centene (CNC) Q1 (USD): adj. EPS 3.37 (exp. 2.13), Revenue 49.9bln (exp. 47.53bln); raises FY26 EPS and Revenue guide
Importance
Level 1
- Medicare segment HBR of 84.9%, from outperformance in both Medicare Advantage and PDP.
- Health benefits ratio (HBR) of 87.3% for the first quarter of 2026 represents a decrease from 87.5% in the comparable period in 2025.