Centene Corporation reported third-quarter results with total revenues of $50.6 billion and an adjusted diluted earnings per share of $0.58, compared to a GAAP loss of $(0.14) per share. The company increased its 2026 full-year adjusted diluted EPS guidance floor to greater than $5.20, up from previous estimates, while lowering the Health Benefits Ratio (HBR) mid-point expectation by 15 basis points to 90.75%. Centene also reduced total debt by $1.1 billion since June 30, including the full redemption of its 2027 Senior Notes in October. The company operates as a managed care organization providing healthcare coverage and services primarily to government-sponsored programs like Medicaid and Medicare.
