Jefferies Raises Price Target on WellCare Health Plans (WCG) to $105 Following 2Q

Go back to Jefferies Raises Price Target on WellCare Health Plans (WCG) to $105 Following 2Q

WellCare Health Plans (WCG) Tops Q2 EPS by 83c

August 2, 2016 6:16 AM EDT

WellCare Health Plans (NYSE: WCG) reported Q2 EPS of $2.23, $0.83 better than the analyst estimate of $1.40. Revenue for the quarter came in at $3.59 billion versus the consensus estimate of $3.52 billion.

GUIDANCE:

WellCare Health Plans sees FY2016 EPS of $4.95-$5.05, versus prior... More

Trading Radar for 8/2: CVS Health (CVS), Aetna (AET), Fitbit (FIT), Mosaic (MOS), Seagate (STX) Report

August 1, 2016 2:49 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Personal Income - Street sees 0.3%Personal Spending - Street sees 0.3%Core PCE Prices - Street sees 0.2%PCE Prices - no Street consensus

Earnings:

Aetna (NYSE: AET) - consensus EPS $2.12
Allot Communications (Nasdaq: ALLT) - consensus loss $0.01
AmerisourceBergen (NYSE: ABC) - consensus EPS $1.27
Archer Daniels Midland (NYSE:... More