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Centene Corporation Reports Second Quarter 2021 Results

Centene Corporation Reports Second Quarter 2021 Results

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ST. LOUIS, July 27, 2021 /PRNewswire/ — Centene Corporation (NYSE: CNC) announced today its financial results for the second quarter ended June 30, 2021, reporting diluted loss per share of $(0.92) and adjusted diluted earnings per share (EPS) of $1.25. In summary, the 2021 second quarter results were as follows: Total revenues (in millions) $ 31,025 Health benefits ratio 88.3 % SG&A expense ratio 7.9 % Adjusted SG&A expense ratio (1) 7.7 % GAAP diluted loss per share $ (0.92) Adjusted diluted EPS (1) $ 1.25 Total cash flow provided by operations (in millions) $ 1,685 (1) A full reconciliation of the adjusted SG&A expense ratio and adjusted diluted EPS is shown on page 6 of this release.

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