WellCare Health Plans (WCG) Tops Q4 EPS by 1c, Reaffirms FY16 Guidance

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Go back to WellCare Health Plans (WCG) Tops Q4 EPS by 1c, Reaffirms FY16 Guidance

WellCare Reports Fourth Quarter And Full-Year 2015 Results

February 9, 2016 6:26 AM EST

TAMPA, Fla., Feb. 9, 2016 /PRNewswire/ -- WellCare Health Plans, Inc. (NYSE: WCG) today reported results for the fourth quarter and full-year 2015. As determined under generally accepted accounting principles (GAAP), net income for the fourth quarter of 2015 was $13.0 million, or $0.29 per diluted share. Adjusted net income for the fourth quarter of 2015 was $26.9 million, or $0.60 per diluted share.

WellCare reported GAAP net income for the full-year 2015 of $118.6 million, or $2.67 per diluted share. Adjusted net income for 2015 was $152.7 million, or $3.44 per diluted share.

"We are pleased with our fourth quarter and full-year 2015 results," said... More