Health insurer Wellpoint raises full-year earnings forecast

March 21 Fri Mar 21, 2014 6:32am EDT

March 21 (Reuters) - Health insurer Wellpoint Inc raised its earnings forecast for 2014, saying it expected to add 1 million to 1.3 million members by the end of the year.

The company raised its net income forecast to more than $8.20 per share from more than $8.00.

Analysts on average expect earnings of $8.37 per share, according to Thomson Reuters I/B/E/S.

Wellpoint said it expected operating revenue to rise 4 percent to about $73 billion in 2014.

The company's shares were slightly higher at $100.40 in premarket trading. They closed at $99.71 on the New York Stock Exchange on Thursday. (Reporting By Vrinda Manocha in Bangalore; Editing by Don Sebastian)

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California state worker Albert Jagow (L) goes over his retirement options with Calpers Retirement Program Specialist JeanAnn Kirkpatrick at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker   (UNITED STATES) - RTXPWOZ

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