Centene (CNC) posted a second quarter net loss to Centene of $253 million compared to profit of $1.15 billion, a year ago. Loss per share was $0.51 compared to profit of $2.16. The company noted that the loss per share was driven primarily by a reduction in the net 2025 Marketplace risk adjustment revenue transfer estimate. Adjusted loss per share was $0.16 compared to profit of $2.42.
Total revenues increased to $48.74 billion from $39.84 billion, a year ago. Premium and service revenues increased 18% to $42.5 billion from $36.0 billion in the comparable period of 2024.
Shares of Centene are down 10% in pre-market trade on Friday.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.