Centene — Oct 25, 2024 release

The Company's updated annual guidance for 2024 is as follows and will be discussed further on our conference call: Full Year 2024 GAAP diluted EPS > $5.92 Adjusted diluted EPS (1) > $6.80 (1) A full reconciliation of adjusted diluted EPS is shown in the Non-GAAP Financial Presentation section of this release. Full Year 2024   Low High  Total revenues (in billions) $ 159.0  $ 161.0  Premium and service revenues (in billions) $ 143.5  $ 144.5  HBR 88.3  % 88.5  % SG&A expense ratio 8.5  % 8.7  % Adjusted SG&A expense ratio (2) 8.5  % 8.7  % Effective tax rate 22.9  % 23.9  % Adjusted effective tax rate (3) 24.0  % 24.5  % Diluted shares outstanding (in millions) 522.2  525.2  (2) Represents a non-GAAP financial measure. Adjusted SG&A expense ratio excludes acquisition and divestiture related expenses and severance costs due to a restructuring of approximately $85 million to $95 million. (3) Represents a non-GAAP financial measure. Adjusted effective tax rate excludes income tax effects of adjustments of approximately $210 million to $220 million. Conference Call As previously announced, the Company will host a conference call Friday, October 25, 2024, at 8:30 a.m. ET to review the financial results for the third quarter ended September 30, 2024. Investors and other interested parties are invited to listen to the conference call by dialing 1-877-883-0383 in the U.S. and Canada; +1-412-902-6506 from abroad, including the following Elite Entry Number: 1267976 to expedite caller registration; or via a live, audio webcast on the Company's website at www.centene.com , under the Investors section. A webcast replay w