Centene raises 2026 profit on better control on medical costs

Centene

28/04/2026 11:04

April 28 (Reuters) - Centene CNC.N on Tuesday raised its 2026 adjusted profit forecast, as the health insurer expects to gain from its efforts to rein in elevated costs that have pummeled the sector for more than two years.

The company now sees 2026 adjusted profit to be greater than $3.40, higher than its previous expectations of more than $3 per share. Analysts expected a profit of $3.02 per share, as per data compiled by LSEG.

 (Reporting by Sriparna Roy and Sneha S K in Bengaluru; Editing by Shinjini Ganguli)

 ((Sriparna.Roy@thomsonreuters.com;))