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Magellan Health Services (MGLN) Tops Q3 EPS by 24c; Raises Guidance to Upper End

October 30, 2009 6:40 AM EDT
MGLN Hot Sheet
Financial Fact:
Net income per common share-basic: (in dollars per share): 0.76

Today's EPS Names:
DATE, MLAB, ZLC, More
Magellan Health Services Inc. (Nasdaq: MGLN) reports Q3 earnings of $0.88 per share, 24 cents above the consensus of $0.64. Revenues came in at $667.6 million, versus the consensus of $672.8 million.

Magellan Health increased guidance for the full year to the upper half of its previously disclosed range. Sees FY09 EPS of 2.41-$2.70, above the consensus of $2.30 consensus.

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