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Monness, Crespi, Hardt Downgrades WellCare Health Plans (WCG) to Neutral

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WellCare Health Plans, Inc. (WCG) Tops Q3 EPS by 4c; Lower FY13 EPS Outlook

November 1, 2013 6:35 AM EDT

WellCare Health Plans, Inc. (NYSE: WCG) reported Q3 EPS of $1.56, $0.04 better than the analyst estimate of $1.52. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.37 billion.

Sees FY2013 EPS of $4.70 - $4.80, versus prior guidance of $4.70 - $4.90 and the consensus of $4.91.... More