CNC Centene Corp.

$CNC Reported today: EPS of $0.58 vs. $0.10 expected (+506.1%, beat). Revenue of $50.6B vs. $47.1B expected (+7.5%, beat). I used Stock Meadow’s earnings dashboard to review the results.

$CNC Market manipulation making it seem like this stock is going straight down to zero. Oh no we are falling off a cliff. Not real!y!

🔴 $CNC 68P Nov 06 💰 $142,100 premium 💵 $0/contract 📊 5.9x Vol/OI 📍 Spot $66.56 💰 Large premium 🌊 Dark Flow | Options Flow

$CNC Reported better-than-expected results for Q3 2026 Premium and service revenue reached $45.1B and adjusted EPS $0.58. FY26 adjusted EPS guidance raised to >$5.20 from >$4.80 on Medicare strength, Marketplace margin at the top of its range and lower interest expense. HBR was 92.7%, Medicaid HBR improved 30 bps QoQ to 93.6% and adjusted SG&A ratio fell to 6.5% from 7.0%. Demand is mixed: Medicaid membership expected down 8-9% for the year, MA lower in 2027, PDP growing Catalysts in play -1/1 Medicaid rate outcomes and state rate adequacy vs. acuity. -Medicare Advantage AEP membership and 2027 margin expansion. -Marketplace 2027 pricing, metal-tier mix and margin sustainability. Risks in play -Medicaid rate/acuity dislocation as OB3 and work requirements cut membership. -Earnings quality: $0.50 of 2026 EPS is non-recurring, with back-half Q4 pressure. -PDP margin reset lower in 2027 after 2026 outperformance. -MA Stars headwinds, with only 42% of members at 3.5+ stars

$CNC Reported today: EPS of $0.58 vs. $0.10 expected (+506.1%, beat). Revenue of $50.6B vs. $47.1B expected (+7.5%, beat). WOW what a quarter!

the weird one this morning: $CNC beat and raised, and the stock is basically flat. adjusted EPS 0.58 for the quarter, and the full year adjusted EPS floor goes to more than 5.20 from more than 4.80. consensus for the year was 4.88 per Reuters. stock is 68.03 to ~67.68 premarket, about half a percent lower. the GAAP line was a loss of 0.14 a share. I don't know why there is no pop, so I won't guess.

$CNC Q3 adjusted EPS was 0.58 dollars, well above the roughly 0.10 dollars expected, on revenue of 50.65 billion dollars, up 1.9% and about 3.7 billion dollars ahead of estimates (Seeking Alpha). GAAP was a 0.14 dollar loss, after enterprise optimization charges. Health benefits ratio was 92.7%, flat year over year and better than expected, with Medicare doing the work. Management raised full year adjusted EPS guidance by 0.40 dollars to more than 5.20 dollars and cut the full year HBR range to 90.4% to 91.1%. Membership is still shrinking though. Total at-risk membership was 25.7 million vs 28.0 million a year ago, and Marketplace fell to 3.4 million from 5.8 million.

$CNC Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $0.58 up 16.00% YoY • Reported revenue of $50.65B up 1.93% YoY • Centene expects approximately $50M to $100M in severance costs and approximately $200M in additional capital expenditures during the remainder of 2026, primarily for system enhancements and computer hardware and software.

$CNC Is Centene's raised $5.20 EPS floor, $1.25 under its $6.45 nine-month EPS, caution or a sign of a weak Q4? 🏢 Centene, a Medicaid, Medicare and Marketplace health insurer worth about $33.6B at $68.03 at 16:00 ET on October 26, 2026, raised its 2026 adjusted EPS floor by $0.40 to above $5.20 after Q3 adjusted EPS of $0.58 and a GAAP loss of $(0.14) a share ⚠️ The new floor sits $1.25 below the $6.45 of adjusted EPS earned in the first nine months, and the GAAP floor of more than $3.46 sits $1.69 below nine-month GAAP EPS of $5.15 📈 In the company's favor, the guide is only a floor, debt is down $1.1B since June 30, and the CEO said fundamentals powered a faster earnings recovery than previously anticipated 📅 Next: Centene hosts its conference call Tuesday, October 27, 2026, at 8:30 a.m. ET; watch what management says the floor assumes for Q4 Source: PR Newswire release, Oct 27

$CNC Centene reports tomorrow before the open, and the bar is pretty low. Consensus is roughly 0.07 to 0.10 dollars a share on about 47.1 billion dollars in revenue, down from 0.50 dollars a year ago, with revenue expected down about 5%. Management already told investors the year is shaped this way. Q3 was guided to slightly above breakeven and Q4 to a loss, while the full year still points to adjusted EPS above 4.80 dollars. The first half is why the stock is up about 71% this year. Q1 came in at 3.37 dollars vs 2.23 expected, Q2 at 2.51 vs 1.09, and Q2 revenue was 53.58 billion dollars vs 47.64 billion expected.

$CNC How many times are we going to .666 posted on this stock? Every day they somehow find a way.