WellCare Health Plans (WCG) Tops Q4 EPS by 51c; Reaffirms
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WellCare Reports Fourth Quarter And Full-Year 2016 Results
February 7, 2017 6:15 AM ESTTAMPA, Fla., Feb. 7, 2017 /PRNewswire/ --Â WellCare Health Plans, Inc. (NYSE: WCG) today reported results for the fourth quarter and full-year 2016. As determined under generally accepted accounting principles (GAAP), net income for the fourth quarter of 2016 was $44.9 million, or $1.00 per diluted share. Adjusted net income for the fourth quarter of 2016 was $46.0 million, or $1.03 per diluted share.
GAAP net income for the full-year 2016 was $242.1 million, or $5.43 per diluted share. Adjusted net income for 2016 was $266.0 million, or $5.96 per diluted share.
"While we are now fully focused on 2017 and beyond, we are... More
