Centene ups FY26 adjusted EPS view to greater than $3.40 from greater than $3.00

Consensus $3.02. Sees FY26 revenue $187.5M-$191.5M, consensus $188.8B. Sees FY26 adjusted effective tax rate 26%-27%. The company said, “The Company is increasing its 2026 premium and service revenues guidance range by $1.0 billion to a range of $171.0 billion to $175.0 billion driven by Medicaid. The Company is also increasing its investment and other income expectation by $50 million to $1.45 billion. The Company is updating its 2026 GAAP diluted EPS guidance floor to greater than $2.37 and its 2026 adjusted diluted EPS guidance floor to greater than $3.40.”