By: Benzinga
UPDATE: WellCare Posts 43% Drop In Q4 Profit, Issues Downbeat Full-Year Forecast
WellCare Health Plans (NYSE: WCG ) reported a 43% drop in its fourth-quarter earnings. WellCare Health expects full-year adjusted earnings of $4.50 to $4.85 per share, versus analysts' estimates of $4.97 per share. WellCare's quarterly profit fell to $48.8 million, or $1.11 per share, from $85.1 million, or $1.96
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