Centene Finds Profit Growth Even as Medicaid Membership Softens - Centene (NYSE:CNC)

U.S. health care insurance provider Centene Corporation (NYSE:CNC) reported better-than-expected second-quarter earnings and a 2026 outlook.

The company reported second-quarter 2026 adjusted earnings of $2.51, beating the consensus of $1.08 per share.

Centene’s sales reached $53.579 billion, exceeding the consensus estimate of $47.617 billion.

Read Also: Membership Slump Forces Health Giant Centene Into Staff Buyouts: Report Premium and service revenues increased 4% to $44.4 billion, primarily driven by premium yield and membership growth in the PDP business, rate increases in Marketplace and in the Medicaid business.

Medical Cost Improvements Lift Profitability Health benefits ratio (HBR) of 89.6% for the second quarter of 2026 represents a decrease from 93.0%.