WellCare (WCG) Tops Q2 EPS Views; Significantly Boosts FY11 EPS Outlook

August 3, 2011 6:43 AM EDT
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WellCare Health Plans, Inc. (NYSE: WCG) reported Q2 EPS of $1.77, $0.82 better than the analyst estimate of $0.95. Revenue for the quarter came in at $1.49 billion versus the consensus estimate of $1.47 billion.

WellCare Health Plans, Inc. sees FY2011 EPS of $4.60-$4.80, versus prior guidance of $3.35-$3.65 and the consensus of $3.75. WellCare Health Plans, Inc. sees FY2011 revenue of $6.0-$6.1 billion, versus prior guidance of $5.8-$5.9 billion and the consensus of $5.92 billion.


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