Monday, September 30, 2013

WellPoint Reaffirms FY2013 Outlook Below Analyst Estimates (WLP)

On Tuesday, health benefits company WellPoint, Inc. (WLP) reported that it has reaffirmed its full year outlook, which falls below analysts’ estimates.

The company reported in its SEC filing that it has maintained its FY2013 EPS estimate of at least $7.89 per share. This estimate includes net costs of 11 cents per share. On an adjusted basis, WLP expects to see EPS of at least $8.00 per share.

On average, analysts expect to see earnings of $8.26 per share for the full year.

WellPoint shares were mostly flat during pre-market trading Tuesday. The stock is up 42% YTD.

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