WellCare (NYSE:WCG) will issue its quarterly earnings data before the market opens on Tuesday, May 1st. Analysts expect the company to announce earnings of $2.03 per share for the quarter. WellCare has set its FY18 guidance at $9.55-9.85 EPS.
WellCare (NYSE:WCG) last announced its earnings results on Tuesday, February 6th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.11. WellCare had a net margin of 2.20% and a return on equity of 17.10%. The company had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.32 billion. During the same period in the previous year, the business earned $1.03 earnings per share. The firm’s quarterly revenue was up 23.5% compared to the same quarter last year. On average, analysts expect WellCare to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.
Shares of NYSE:WCG opened at $200.44 on Tuesday. WellCare has a 52-week low of $150.66 and a 52-week high of $221.75. The firm has a market capitalization of $8,916.52, a P/E ratio of 23.53, a P/E/G ratio of 1.42 and a beta of 0.89. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.49.
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WellCare Company Profile
WellCare Health Plans, Inc provides managed care services for government-sponsored health care programs. It operates through three segments: Medicaid Health Plans, Medicare Health Plans, and Medicare PDPs. The Medicaid Health Plans segment offers plans for beneficiaries of temporary assistance for needy families, supplemental security income, and aged blind and disabled residents; and other state-based programs, such as children's health insurance programs and long-term services and supports for qualifying families who are not eligible for Medicaid.
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