Centene Beats Q1 Estimates, Raises 2026 Guidance

Centene posted Q1 adjusted diluted EPS of $3.37, beating the analyst consensus of $2.13 by $1.24.
Revenue rose 5% YoY to $49.94 billion for the quarter, exceeding the $47.58 billion estimate for the company overall forecast.
Full‑year 2026 adjusted diluted EPS guidance lifted to >$3.40, above consensus $3.02; GAAP EPS floor raised to >$2.37.
Operating cash flow $4.37 billion, debt reduction $1.0 billion, at‑risk membership 26.3 million; health‑benefits ratio improved to 87.3% in Q1 period.