Centene Lays Out Path to Boost 2026 Profit After ACA Stumbles

Centene Corp. issued fresh annual guidance and laid out a plan to address problems in its Affordable Care Act business, offering investors a ray of hope in a year when insurers across the industry have struggled to cope with rising costs and changing government policies.

The company now expects adjusted earnings of $1.75 a share in 2025. That’s far lower than the $7.25 a share it projected earlier in the year, but offered investors some clarity on what’s next for the embattled company. Earlier this month, it had pulled guidance entirely, citing unexpected risks in the ACA business.

Centene acknowledged ...