WellCare Reaffirms Guidance
The health care company expects full-year 2006 earnings of $2.85 to $2.90 a share.
WellCare Health Plans
(WCG) - Get WellCare Health Plans, Inc. Report
Monday reaffirmed its full-year 2006 earnings guidance, giving a range that was higher than estimates gathered by Thomson Financial.
Shares edged higher in morning trading.
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In a
Securities and Exchange Commission
filing, the company said earnings per share for the year would come in between $2.85 and $2.90, vs. Thomson's $2.55 to $2.95 range.
"In addition, the company will be highlighting for investors the successful launch of its Georgia health plan, the continued success of its national Medicare prescription drug plan and the company's confidence in the fundamentals supporting its operations," WellCare said in the filing.
