Centene(US:CNC) Prnewswire·2025-10-29 10:00Financial Performance - Centene Corporation reported total revenues of $49.69 billion for Q3 2025, a 18.2% increase from $42.02 billion in Q3 2024 [30] - Premium and service revenues reached $44.90 billion, up 22% from $36.90 billion in the same period last year [16][30] - The company experienced a GAAP diluted loss per share of $(13.50) due to a non-cash goodwill impairment of $6.7 billion [30][16] - Adjusted diluted earnings per share (EPS) were $0.50, reflecting a $0.10 benefit from a low adjusted effective tax rate [5][16] Membership Growth - Total at-risk membership stood at 27.97 million as of September 30, 2025, compared to 28.64 million in 2024 [3] - Traditional Medicaid membership decreased to 11.12 million from 11.48 million year-over-year, while Marketplace membership increased significantly to 5.83 million from 4.50 million [3][5] Cost and Expense Management - The health benefits ratio (HBR) was 92.7%, up from 89.2% in Q3 2024, primarily due to increased medical costs in the Marketplace and Medicaid segments [16] - Selling, general, and administrative (SG&A) expense ratio improved to 7.0% from 8.3% in the prior year, driven by leveraging expenses over higher revenues [16] Outlook and Guidance - The company updated its full-year 2025 adjusted diluted EPS forecast to at least $2.00, an increase of $0.25 from previous guidance [10] - The GAAP diluted loss per share forecast for the full year is updated to not exceed $(12.85) [10] Community Engagement and Recognition - Centene was recognized in the inaugural 2025 Forbes® America's Best Employers for Company Culture™ list, highlighting high employee satisfaction [6] - The company announced various community engagement initiatives, including investments in mental health programs and the opening of a community health center in Texas [6]