Centene Corp. · CNC · Next earnings

Centene Corp. reports Tuesday, Oct 27, 2026

CNC reports before market open with consensus EPS at $0.07 and revenue at $47.11B. Last quarter: Centene Q1 2026: EPS Beats by 51%, Full-Year Guidance Raised

Reports Before market open37 days awayDate estimated Healthcare

What the street expects

Consensus for the coming report
Consensus EPS $0.07 Calendar consensus
Consensus revenue $47.11B Calendar consensus
Report date Oct 27, 2026 Tuesday, date estimated
Session Before market open 37 days away

Where CNC left off: FY2026 Q1

Full report

Centene Q1 2026: EPS Beats by 51%, Full-Year Guidance Raised

EPS surprise +51.1% Reported $3.37 vs $2.23
Revenue surprise +5.1% Reported $49.94B vs $47.53B
Stock move +14.0% Event window
Subsequent drift +18.7% Up to 20 sessions

Full-year adjusted EPS guidance was raised to above $3.40 following the Q1 beat. Management indicated June Wakely data will be used to refine risk-adjustment assumptions and potentially update guidance further.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Elevated medical cost trends, especially behavioral health, home health, and high-cost drugs.
  • Uncertainty around final risk-adjustment offsets and reliance on June Wakely data.
  • Potential impact of state work-requirement policies on Medicaid rates and member acuity.
  • Debt maturities in 2027-2028 that may require refinancing at higher rates.
  • Ongoing regulatory scrutiny of fraud, waste, and abuse initiatives.

Questions analysts left open

  • Impact of higher acuity in ACA Silver tier on Marketplace margins.
  • Medicaid net trend versus rate updates and the role of flu and weather benefits.
  • Magnitude of risk-adjustment receivable and its effect on full-year Marketplace margins.
  • Margin outlook for Part D and Medicare Advantage beyond Q1.
  • Balance-sheet debt refinancing needs and cash generation sustainability.

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Recent CNC quarters

All CNC earnings
+14.0%FY2026 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.