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WellPoint Inc Raises FY 2013 EPS Guidance


Wednesday, 23 Oct 2013 06:00am EDT 

WellPoint Inc announced that for fiscal 2013, net income is now expected to be at least $8.45 per share, including net income of $0.05 per share related to the following items: Net investment gains of $0.20 per share from the first nine months of 2013; Tax benefits of $0.21 per share related to the favorable tax election in the third quarter of 2013; Expenses of $0.31 per share related to the early retirement of debt in the third quarter of 2013; and Costs of $0.05 per share related to the early termination notice of Amerigroup's PBM contract in the second quarter of 2013. Excluding these items, adjusted net income is now expected to be at least $8.40 per share (EPS). According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $8.27 for fiscal 2013. 

Company Quote

110.76
-0.11 -0.10%
10 Jul 2014