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WellPoint (WLP) Prelim. FY13 EPS In-Line with Consensus

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January 13, 2014 5:16 PM EST

Officers of WellPoint, Inc. (NYSE: WLP) will speak with securities analysts and investors from January�13 to 15, 2014.


Although the Company is still in the process of closing its books for 2013, during these meetings the officers will discuss that the Company now expects full year 2013 net income to be $8.20 per share and�full year 2013 adjusted net income to
be $8.52 per share, excluding net costs of $0.32 per share, as listed in the table below.

�


� �� Full�Year�2013
Outlook		 �

Net income per diluted share

 �� $ 8.20 ��

Add / (Subtract) - net of related tax effects:

 ��


Net realized gains on investments

 �� � (0.58 )�

Other-than-temporary impairment losses on investments

 �� � 0.21 ��

Loss on extinguishment of debt

 �� � 0.31 ��

Tax benefit from favorable tax election

 �� � (0.21 )�

Acquisition and integration related costs

 �� � 0.05 ��

Impairment charge in connection with 1-800 Contacts

 �� � 0.54 ��

 ��

�

�

 �

Net adjustment items

 �� � 0.32 ��

 ��

�

�

 �

Adjusted net income per diluted share

 �� $ 8.52 ��

 ��

�

�

 �

In addition, the officers will discuss that the Company’s 2013 year-end medical enrollment is just over 35.6�million members and its full year 2013 operating revenue, benefit expense ratio and selling, general and administrative expense ratio are expected to be within the Company’s prior guidance ranges. The Company will release detailed 2013 financial results on January�29, 2014.

The Street sees FY13 EPS of $8.51.


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