Centene Corp. (CNC) said the company is increasing full-year guidance, driven by the positive first quarter momentum and the tailwinds it expect to persist throughout the months ahead. Adjusted EPS is projected in a range of $5.05 to $5.35. Total revenues are estimated in a range of $120.1 billion to $122.1 billion.
First quarter adjusted EPS was $1.63, compared to $0.86, last year. On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $1.59, for the quarter. Analysts' estimates typically exclude special items. EPS for the first quarter was $1.19, compared to $0.08.
For the first quarter, total revenues increased 15% to $30.0 billion from $26.0 billion, last year. Analysts expected revenue of $29.5 billion, for the quarter.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.