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

|About: WellCare Health Plans, Inc. (WCG)|By:, 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.