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WellCare expects adjusted EPS to climb YOY in FY'19, reaffirms FY'18 outlook

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WellCare expects adjusted EPS to climb YOY in FY'19, reaffirms FY'18 outlook

WellCare Health Plans Inc. has issued full-year 2019 guidance and reaffirmed its full-year 2018 guidance.

The company expects its adjusted EPS for full year 2019 to be in the range of $13.15 to $13.40. GAAP total revenue is projected to increase to a range of $25.8 billion to $26.7 billion primarily as a result of the acquisition of Meridian, as well as organic growth in all three of its business segments.

WellCare continues to expect its adjusted EPS for full year 2018 to be in the range of $10.90 to $11.00.