WellCare Health Plans (WCG) Tops Q1 EPS Views; Boosts FY12 EPS Outlook Well Above Views

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WellCare Health Plans, Inc. (NYSE: WCG) reported Q1 EPS of $1.32, $0.78 better than the analyst estimate of $0.54. Revenue for the quarter came in at $1.79 billion versus the consensus estimate of $1.73 billion.

WellCare Health Plans, Inc. sees FY2012 EPS of $5.20-$5.40, versus prior guidance of $4.40-$4.60 and the consensus of $4.66. WellCare Health Plans, Inc. sees FY2012 revenue of $7.0-$7.1 billion, versus prior guidance of $6.95-$7.05 billion and the consensus of $8.03 billion.

For earnings history and earnings-related data on WellCare Health Plans, Inc. (WCG) click here.

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