Filing Flows › Centene (CNC) › Guidance history
Centene (CNC) guidance history: what it guided and what it reported
Centene gave guidance in 12 earnings releases on file since Feb 6, 2024. Of 3 guided periods since reported, it met or beat its own guidance 3 times (100%). Revenue: 2 of 2, on average +5.8% against the guided midpoint. Its releases raised guidance 9 times and lowered it once.
Revenue
Met or beat 2 of 2 periods (2 above, 0 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $186.5B (Feb 6, 2026) → raised $187.5B (Apr 28, 2026) → raised $193.5B–$197.5B (Jul 28, 2026) → raised $196.5B (Oct 27, 2026) | — | to be reported | — |
| FY2025 | $178.5B (Apr 25, 2025) | $194.8B | above the range | +9.1% |
| FY2024 | $147.5B (Apr 26, 2024) → raised $155.0B–$157.0B (Jul 26, 2024) → raised $159.0B (Oct 25, 2024) | $163.1B | above the range | +2.6% |
Tax rate
Met or beat 1 of 1 periods (0 above, 1 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 27.0% (Feb 6, 2026) → reaffirmed 27.0% (Apr 28, 2026) → lowered 26.5% (Jul 28, 2026) → reaffirmed 26.5% (Oct 27, 2026) | — | to be reported | — |
| FY2025 | 21.5% (Apr 25, 2025) | — | — | — |
| FY2024 | 22.9% (Apr 26, 2024) → reaffirmed 22.9% (Oct 25, 2024) | 22.6% | within the range | -0.3 pts |
Adjusted tax rate
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | 20.0%–21.0% (Oct 29, 2025) | — | — | — |
GAAP EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $1.98 (Feb 6, 2026) → raised $2.37 (Apr 28, 2026) → raised $3.11 (Jul 28, 2026) → raised $3.46 (Oct 27, 2026) | — | to be reported | — |
| FY2025 | $6.19 (Feb 4, 2025) → reaffirmed $6.19 (Apr 25, 2025) → lowered −$12.85 (Oct 29, 2025) | — | — | — |
| FY2024 | $5.94 (Apr 26, 2024) → reaffirmed $5.94 (Jul 26, 2024) → lowered $5.92 (Oct 25, 2024) | — | — | — |
Interest expense
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $600M–$620M (Oct 27, 2026) | — | to be reported | — |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $3.00 (Feb 6, 2026) → raised $3.40 (Apr 28, 2026) → raised $4.80 (Jul 28, 2026) → raised $5.20 (Oct 27, 2026) | — | to be reported | — |
| FY2025 | $7.25 (Feb 4, 2025) → reaffirmed $7.25 (Apr 25, 2025) → lowered $2.75 (Jul 1, 2025) → lowered $2.00 (Oct 29, 2025) | — | — | — |
| FY2024 | $6.70 (Feb 6, 2024) → raised $6.80 (Apr 26, 2024) → reaffirmed $6.80 (Jul 26, 2024) → reaffirmed $6.80 (Oct 25, 2024) | — | — | — |
The latest quarter
Centene, Q3 2026: revenue $50.6B (+2% year over year), operating margin -0.6%, net loss $65.0M, operating cash flow −$3.7B. The chart follows the revenue to costs, profit and cash.
Questions
Does Centene beat its guidance?
Centene gave guidance in 12 earnings releases on file since Feb 6, 2024. Of 3 guided periods since reported, it met or beat its own guidance 3 times (100%). Revenue: 2 of 2, on average +5.8% against the guided midpoint.
How often does Centene raise guidance?
Its earnings releases raised guidance 9 times and lowered it once since Feb 6, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.