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WellCare raises '18 EPS outlook

WellCare Health Plans Inc. has increased its 2018 adjusted EPS outlook to a range of $9.55 to $9.85 from its previous guidance of $8.40 to $8.65.

The Capital IQ consensus normalized EPS estimate for the year is $9.69.

The company expects adjusted premium revenue of $17.93 billion to $18.43 billion and GAAP premium revenue of $18.3 billion to $18.8 billion for the year.