Coventry Health Care (CVH) Issues FY09 Guidance Well Below the Street
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Coventry Health Care (NYSE: CVH), presenting at the 27th Annual JPMorgan Healthcare Conference, issued Q4 and FY09 guidance.
Sees Q4 EPS on track to earn $0.60 per share, compared to the Street estimate of $0.59. For FY09, Coventry sees GAAP EPS of $1.70-$1.90, with non-GAAP EPS of about $2.00, versus the consensus of $2.57.
Coventry Health Care, Inc. operates as a managed healthcare company in the United States.
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