Centene — Apr 28, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001071739-26-000099
Showing in the filing
Effective tax rate
“27.0%” – “28.0%”
Period
FY2026
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 11
Premium and service revenues for FY2026
“$171.0 billion to $175.0 billion”
Investment and other income expectation for FY2026
“$1.45 billion”
GAAP diluted EPS floor for FY2026
“greater than $2.37”
Adjusted diluted EPS floor for FY2026
“greater than $3.40”
Total revenues (in billions) for FY2026
“$187.5” – “$191.5”
Premium and service revenues (in billions) for FY2026
“$171.0” – “$175.0”
HBR for FY2026
“90.9%” – “91.7%”
Adjusted SG&A expense ratio (2) for FY2026
“7.0%” – “7.6%”
Effective tax rate for FY2026
“27.0%” – “28.0%”
Adjusted effective tax rate (3) for FY2026
“26.0%” – “27.0%”
Diluted shares outstanding (in millions) for FY2026
“495.6” – “498.6”
Exhibit 99.1 · the passage around this item
… earlier in the release
Full Year 2026 Low High Total revenues (in billions) $ 187.5 $ 191.5 Premium and service revenues (in billions) $ 171.0 $ 175.0 HBR 90.9 % 91.7 % SG&A expense ratio 7.0 % 7.6 % Adjusted SG&A expense ratio (2) 7.0 % 7.6 % Effective tax rate 27.0 % 28.0 % Adjusted effective tax rate (3) 26.0 % 27.0 % Diluted shares outstanding (in millions) 495.6 498.6 (2) Adjusted SG&A expense ratio excludes severance costs of approximately $20 million to $24 million and acquisition and divestiture related expenses of approximately $575 thousand. (3) Adjusted effective tax rate excludes income tax effects of adjustments of approximately $165 million to $169 million. 4 Conference Call As previously announced, the Company will host a conference call Tuesday, April 28, 2026, at 8:30 a.m. ET to review the financial results for the first quarter ended March 31, 2026. Investors and other interested parties are invited to listen to the conference call by dialing 1-877-883-0383 (toll free) in the U.S. and Canada; +1-412-902-6506 (toll) from abroad, including the following Elite Entry Number: 0526805 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 will be available for on-demand listening shortly following the completion of the call for the next 12 months or until 11:59 p.m. ET on Tuesday, April 27, 2027, at the aforementioned URL. In add
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.