Seeking Alpha

WellCare Health Plans (WCG -13%) slides after its Q3 results missed on the bottom line this...

WellCare Health Plans (WCG -13%) slides after its Q3 results missed on the bottom line this morning. Net profit fell 57% Y/Y on weak results from its Georgia and Kentucky Medicaid programs. The company also lowered its full-year earnings estimate on the weak Kentucky results, now expecting to earn between $4.90 and $5.05 per share. Separately, it also announced plans to acquire UnitedHealthCare Group's (UNH -0.4%) South Carolina Medicaid business for an undisclosed amount.
From other sites
Comments (2)
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    The UNH divi has really been jumping since 2010.

     

    Is anybody paying attention to that?
    31 Oct 2012, 12:06 PM Reply Like
  • cattieanne
    , contributor
    Comment (1) | Send Message
     
    interesting WellCare is acquiring UNH South Carolina Medicaid business makes me wonder if SC State Medicaid system is a challenge..
    31 Oct 2012, 03:47 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs