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Wellcare Health Plans Inc lowers FY 2013 EPS guidance

Friday, 15 Nov 2013 08:30am EST 

Wellcare Health Plans Inc:Says the company is updating its guidance for FY 2013 adjusted net income per diluted share(EPS) to incorporate the interest expense associated with the senior unsecured notes as well as the write off of the deferred financing costs associated with the previous senior secured credit facility.Says the combined impact of which is about $0.10 per diluted share.Says as a result, WellCare anticipates FY 2013 adjusted net income per diluted share of $4.60 to $4.70.Says the previous guidance was for adjusted net income per diluted share of $4.70 to $4 80.Says the other elements of FY 2013 guidance have not changed.FY 2013 EPS of $4.76 - Thomson Reuters I/B/E/S Estimates.