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WellCare Health Plans (WCG +10.9%) jumps after blowing out its Q4 earnings this morning. Net...

Feb. 15, 2012 12:25 PM ETWellCare Health Plans, Inc. (WCG) StockWCGBy: David Yelle, SA News Editor
WellCare Health Plans (WCG +10.9%) jumps after blowing out its Q4 earnings this morning. Net profit tripled, helped by a gain from repurchasing notes, as the managed-care services provider's membership and premium revenue continues to grow. The company's also gave an upbeat FY12 forecast, now expecting to earn around $4.40 - $ 4.60 per share, above the Street consensus of $4.21.

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WellCare Health Plans, Inc.