8-KRegulation FD

CENTENE CORP 8-K Report, Regulation FD Disclosure (May 6, 2025)

Filed May 6, 2025For Securities:CNC

Summary

Centene Corporation (CNC) filed an 8-K on May 6, 2025, primarily to reaffirm its financial guidance for the full year 2025. The company's senior management will meet with investors and plans to confirm the previously provided guidance floors for both GAAP diluted Earnings Per Share (EPS) of greater than $6.19 and adjusted diluted EPS of greater than $7.25. This reaffirmation suggests management's confidence in the company's operational performance and ability to meet its financial targets for the year. The filing also elaborates on Centene's use of non-GAAP financial measures. The company emphasizes that these measures, which exclude items like amortization of acquired intangible assets and acquisition/divestiture related expenses, are provided to offer investors a clearer view of the ongoing operational performance and to facilitate more consistent period-to-period comparisons. While Centene believes these non-GAAP figures are valuable for understanding core business operations, it strongly encourages investors to review its full GAAP financial statements and filings, noting that non-GAAP measures may differ from those used by other companies.

Key Highlights

  • 1Centene Corporation reaffirms its 2025 full-year GAAP diluted EPS guidance floor of greater than $6.19.
  • 2Centene Corporation reaffirms its 2025 full-year adjusted diluted EPS guidance floor of greater than $7.25.
  • 3Guidance reaffirmation occurs during a meeting with investors on May 6, 2025.
  • 4The company utilizes and presents non-GAAP financial measures to enhance understanding of ongoing operations.
  • 5Non-GAAP measures exclude items such as amortization of acquired intangible assets and acquisition/divestiture related expenses.
  • 6Centene encourages investors to review its full GAAP financial statements and publicly filed reports.
  • 7The filing includes standard forward-looking statements with associated risks and uncertainties.

Frequently Asked Questions

The main purpose of this 8-K filing is to reaffirm Centene Corporation's financial guidance for the full year 2025, specifically its guidance floors for both GAAP diluted EPS and adjusted diluted EPS, during an upcoming investor meeting.

Centene has reaffirmed its 2025 full-year guidance floor for GAAP diluted EPS to be greater than $6.19 and for adjusted diluted EPS to be greater than $7.25.

Centene provides non-GAAP financial measures to offer investors a more accurate assessment of the ongoing nature of its operations and to measure performance more consistently across periods. These measures exclude certain items like amortization of acquired intangible assets and acquisition/divestiture related expenses, which management believes are not indicative of core business performance.

Investors are strongly encouraged to review Centene's consolidated financial statements and publicly filed reports in their entirety. They should also be aware that the non-GAAP financial measures used by Centene may differ from similar measures used by other companies and are not intended to be a substitute for GAAP financial information.