WellPoint's CEO Discusses Q1 2012 Results - Earnings Call Transcript

WellPoint (WLP)

Q1 2012 Earnings Call

April 25, 2012 8:30 am ET

Executives

Michael Kleinman - Vice President of Investor Relations and Acting Vice President of Internal Audit, Ethics & Compliance

Angela F. Braly - Chairman, Chief Executive Officer, President and Chairman of Executive Committee

Wayne S. Deveydt - Chief Financial Officer and Executive Vice President

Ken R. Goulet - Executive Vice President, Chief Executive Officer of Commercial Business Unit and President of Commercial Business Unit

Analysts

Joshua R. Raskin - Barclays Capital, Research Division

Charles Andrew Boorady - Crédit Suisse AG, Research Division

Douglas Simpson - Morgan Stanley, Research Division

Christine Arnold - Cowen and Company, LLC, Research Division

Scott J. Fidel - Deutsche Bank AG, Research Division

Matthew Borsch - Goldman Sachs Group Inc., Research Division

Kevin M. Fischbeck - BofA Merrill Lynch, Research Division

Thomas A. Carroll - Stifel, Nicolaus & Co., Inc., Research Division

Christian Rigg - Susquehanna Financial Group, LLLP, Research Division

Ana Gupte - Sanford C. Bernstein & Co., LLC., Research Division

David H. Windley - Jefferies & Company, Inc., Research Division

Michael J. Baker - Raymond James & Associates, Inc., Research Division

Peter H. Costa - Wells Fargo Securities, LLC, Research Division

Carl R. McDonald - Citigroup Inc, Research Division

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the WellPoint First Quarter Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to the company's management.

Michael Kleinman

Good morning, and welcome to WellPoint's First Quarter Earnings Conference Call. I'm Michael Kleinman, Vice President of Investor Relations. With me this morning are Angela Braly, our Chair, President and Chief Executive Officer; and Wayne Deveydt, Executive Vice President and Chief Financial Officer. Angela will begin this morning's call with an overview of our first quarter results, actions and accomplishments. Wayne will then offer a detailed review of our financial performance, capital management and current guidance, which will be followed by a question-and-answer session. Ken Goulet, Executive Vice President and President of our Commercial Business, is available to participate in the Q&A session.

If you liked this article you might like

How Walmart and Costco Could See a Future Flush With Profits Thanks to an Abundance of Cute Puppies

U.S. Stocks Open Higher as Anthem Buys Cigna in $54 Billion Deal

Anthem Buying Cigna in $54.2 Billion Cash and Stock Deal

Cigna Shares Soar on Reports of $48 Billion Anthem Buyout

Anthem’s Massive Data Breach Could Affect Customers for Years