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

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/2/2026

1. CRWD
2. CL
3. REGN
4. LYB
5. ABBV
6. TFII
7. LITE
8. KVUE
9. BP
10. RELIANCE:I

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

Leerink Partners Reiterates Outperform on WellCare Health Plans (WCG) Following In-Line 4Q

February 10, 2016 9:09 AM EST

Leerink Partners reiterated an Outperform rating and $105.00 price target on WellCare Health Plans (NYSE: WCG) following the company's 4Q earnings report. The quarter results were reported in-line. Management reaffirmed 2016 EPS guidance at $4.35 to $4.60. Key metrics were good. Consolidated MLR of 85.9% beat consensus expectations of 88.5%, improving 340 bps YoY and 180 bps sequentially.

Analyst Ana Gupte commented, "We are more positive on WCG after the 4Q report delivered yesterday and reaffirm our OP rating at a PT... More