Medical Expenses Erode Centene's Bottom Line in Rare Q2 Earnings Miss

Key Takeaways CNC reported Q2 adjusted loss of 16 cents/share, missing estimates and down from year-ago profit of $2.42.Rising medical costs and lower Medicare and Medicaid membership pressured CNC's bottom line.Revenues rose 22.4% to $48.7B, driven by premium growth, PDP business strength and Medicaid rate hikes.Centene Corporation (CNC) reported second-quarter 2025 adjusted loss per share of 16 cents, which missed the Zacks Consensus Estimate of earnings of 68 cents, a rare feat. Moreover, the bottom line ...