WellCare Health Plans (WCG) Tops Q4 EPS by 7c, Revenues Beat; Raises FY19 EPS Guidance
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WellCare Reports Fourth Quarter And Full-Year 2018 Results
February 5, 2019 6:00 AM ESTTAMPA, Fla., Feb. 5, 2019 /PRNewswire/ -- WellCare Health Plans, Inc. (NYSE: WCG) ("WellCare") today reported results for the quarter ended December 31, 2018. As determined under generally accepted accounting principles (GAAP), net income for the fourth quarter of 2018 was $55.9 million, or $1.11 per diluted share. Adjusted net income for the fourth quarter of 2018 was $82.4 million, or $1.63 per diluted share. GAAP net income for the full-year 2018 was $439.8 million, or $9.29 per diluted share. Adjusted net income for 2018 was $522.3 million, or $11.03 per diluted share.
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