Navigation Links
WellPoint Revises 2008 Earnings Per Share Guidance
Date:3/10/2008

Company now forecasts full year GAAP EPS growth in a range of 4 to 8

percent

INDIANAPOLIS, March 10 /PRNewswire-FirstCall/ -- WellPoint, Inc. (NYSE: WLP) today announced that it now expects full year 2008 net income to be in the range of $5.76 to $6.01 per share, assuming net realized investment gains of approximately $0.06 per share, which is a revision from the previous forecast of $6.41 per share. This revised growth outlook represents an increase of approximately 4 to 8 percent over net income of $5.56 per share reported for the year ended December 31, 2007.

Net income for first quarter ending March 31, 2008, is now expected to be in the range of $1.16 to $1.26 per share, assuming net realized investment gains of approximately $0.06 per share, compared with the prior forecast of $1.44 per share and the $1.26 per share reported for the first quarter of 2007.

"We are making these revisions to our prior earnings guidance due to higher than expected medical costs, lower than expected fully insured enrollment and, to a lesser extent, the changing economic environment in which we are operating," said Angela F. Braly, president and chief executive officer of WellPoint, Inc. "While we are disappointed with having to revise our 2008 outlook, we are still expecting growth this year, with record levels of membership, revenue and earnings per share. We are taking actions and making investments in our business to further improve our performance during the balance of this year and beyond."

The revision in full year 2008 earnings guidance is primarily attributable to the following areas:

-- Higher Than Expected Medical Costs. The Company incurred higher-than-

expected medical costs during the first two months of 2008 and has

revised its full year outlook for Individual and Local Group fully

insured medical cost trends to a range of 8.0 percent, plus or minus 50

<
'/>"/>
SOURCE WellPoint, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related medicine news :

1. WellPoint Announces Appearance at Upcoming Conference
2. WellPoint Reports Fourth Quarter and Full Year 2007 Results
3. WellPoint Announces Consumer Innovation Opportunity
4. WellPoint Appoints Brian A. Sassi as President and CEO of the Companys Consumer Business Unit
5. WellPoint Executive Mark Boxer Recognized as One of Computerworlds 2008 Premier 100 IT Leaders
6. WellPoint Announces Appointment of John Langenus as President of Anthem National Accounts
7. WellPoint Highlights 2007 Accomplishments and Strong 2008 Outlook at Annual Investor Meeting
8. WellPoint Announces Appointment of John Cannon III as Executive Vice President & General Counsel
9. WellPoint Provides Support and Resources to Most Vulnerable California Residents
10. WellPoint Taps Zagat Survey to Help Consumers Rate Experiences with Their Doctors
11. WellPoint Reports Third Quarter 2007 Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/30/2015)... (PRWEB) , ... July 30, 2015 , ... In a ... clients at Serenity Palms Drug Addiction Treatment Center have created an addiction graveyard. Sharing ... one of its most beloved residents, Rocky Hudson . Hudson (1945-2015) fell in ...
(Date:7/30/2015)... ... July 30, 2015 , ... Google recently announced that it will be ... As discussed in a June 8, 2015 article published by Nasdaq , the ... been caused by its computer-driven cars, which such industry players as Tesla CEO Elon ...
(Date:7/30/2015)... ... July 30, 2015 , ... 24/7 Care At Home, a high-quality ... Bernardino, recently announced that the Centers for Medicare and Medicaid (CMS) have awarded its ... care providers. 24/7 Care At Home’s agency is one of three top Orange County ...
(Date:7/30/2015)... ... July 30, 2015 , ... OncLive®’s extensive ... UCLA’s Jonsson Comprehensive Cancer Center (JCCC) mutually agreed to collaborate on projects ... editorial and marketing groups will help spread the news about the center’s leading-edge ...
(Date:7/30/2015)... California (PRWEB) , ... July 30, 2015 , ... ... services, announced today that the latest issue of Inclusive™ magazine, its multimedia publication ... platforms. The digital edition of the new issue, Volume 6, Issue 2, as ...
Breaking Medicine News(10 mins):Health News:Serenity Palms Honors Rocky Hudson, an Advocate of AA and a Beloved Resident of Palm Springs 2Health News:Serenity Palms Honors Rocky Hudson, an Advocate of AA and a Beloved Resident of Palm Springs 3Health News:New Google Policy on Reporting Driverless Auto Accidents Points Out Growing Complexity of Personal Injury Law in the 21st Century, Says Law Offices of Burg and Brock 2Health News:New Google Policy on Reporting Driverless Auto Accidents Points Out Growing Complexity of Personal Injury Law in the 21st Century, Says Law Offices of Burg and Brock 3Health News:24/7 Care At Home Earns a 5-Star Rating from the Centers for Medicare and Medicaid (CMS) 2Health News:UCLA Jonsson Comprehensive Cancer Center Teams with OncLive® as a Strategic Alliance Partner 2Health News:UCLA Jonsson Comprehensive Cancer Center Teams with OncLive® as a Strategic Alliance Partner 3Health News:UCLA Jonsson Comprehensive Cancer Center Teams with OncLive® as a Strategic Alliance Partner 4Health News:Glidewell Laboratories Puts Out Latest Issue of Dental Implant Magazine Inclusive™ 2Health News:Glidewell Laboratories Puts Out Latest Issue of Dental Implant Magazine Inclusive™ 3Health News:Glidewell Laboratories Puts Out Latest Issue of Dental Implant Magazine Inclusive™ 4
... cartilage could lead to earlier detection of Osteoarthritis. An ... Osteoarthritis, a painful disease //where the cartilage between the ... the cartilage direct it only shows that the gap ... at the University of Texas, have been developing a ...
... to a study from researchers, steadfast and simple blood ... readily detects diabetes in the doctor's surgery.// Around three ... themselves at increased risk of heart disease and kidney ... requires many hours of prior fasting. However, doctors at ...
... Medicine have recently found that the brain's 'nose plug' that ... smelling something, even though the odour is still there.// ... Science show that a protein called CNGA4 helps plug the ... is to detect smells and send that information to the ...
... implanted near the eye’s retina is well on its ... eye diseases such as Retinitis Pigmentosa and age-related degeneration ... development.// , The implant works for eye diseases in ... use of the eye’s photoreceptors. These receptors convert images ...
... Among people with low-calcium diets, even a modest increase in ... of colon cancer. Researchers evaluated the diet and colon cancer ... surveys.// They found that those who consumed 800 to 900 ... left-side colon cancer by 50 to 60 percent. ,The ...
... According to researchers, people with receding lower jaws are more ... condition which is characterised by collapse of the tissues// at ... flow of air into and out of the lungs. Often, ... breathing many times in the night. Lack of oxygen to ...
Cached Medicine News:
(Date:7/30/2015)... Takeda Pharmaceutical Company Limited ("Takeda") today announced ... post-marketing commitment and submissions of data to regulatory ... Cancer Risk Characterization Study , a large (n= ... four European countries, for pioglitazone containing medicines, including ... of follow-up. Findings demonstrate that there is no ...
(Date:7/30/2015)... 2015  Big Cloud Analytics, Inc. (BCA), a ... it is working with Intel Corporation to showcase ... Lockheed Martin Healthcare Technology Alliance. The recently formed ... providers, medical technology companies and academic institutions. Its ... improve care in rapidly evolving and growing areas ...
(Date:7/30/2015)... , July 30, 2015  Cleave Biosciences ... Trademark Office has granted the company a key ... Cleave,s lead molecule CB-5083. This newly ... inhibitors of p97," U.S. 9,062,026, allows for claims ... first-in-class, highly selective oral inhibitor of p97, a ...
Breaking Medicine Technology:Takeda Announces Completion of the Pioglitazone Post-Marketing Commitment and Submission of Results to the EMA, the FDA and the PMDA 2Takeda Announces Completion of the Pioglitazone Post-Marketing Commitment and Submission of Results to the EMA, the FDA and the PMDA 3Takeda Announces Completion of the Pioglitazone Post-Marketing Commitment and Submission of Results to the EMA, the FDA and the PMDA 4Takeda Announces Completion of the Pioglitazone Post-Marketing Commitment and Submission of Results to the EMA, the FDA and the PMDA 5Takeda Announces Completion of the Pioglitazone Post-Marketing Commitment and Submission of Results to the EMA, the FDA and the PMDA 6Big Cloud Analytics Develop Internet of Things (IoT) Solutions with Intel Supporting Launch of Lockheed Martin Healthcare Technology Alliance 2Big Cloud Analytics Develop Internet of Things (IoT) Solutions with Intel Supporting Launch of Lockheed Martin Healthcare Technology Alliance 3
... Sept. 29 MedPro Imaging, a premier provider of ... Ultrasound Transducer Repair Division.  Based on proprietary repair technology ... will offer high quality computer-based transducer repair services designed ... probe exchange programs. "The industry has been ...
... Crosstex International, a subsidiary of Cantel Medical Corp. ... of sponsored research that suggests a far greater infection ... as surgical masks, than previously understood. The key outcome ... is most effective when worn by a person attempting ...
Cached Medicine Technology:MedPro Imaging Launches Ultrasound Transducer Repair Division 2New Mask Study Supports CDC's Updated Guidance for Seasonal Flu Prevention Strategies 2New Mask Study Supports CDC's Updated Guidance for Seasonal Flu Prevention Strategies 3
Straight shafts with 1 x 2 teeth. Flat handle with haoles and polished finish. Delicate teeth. Most popular size or model....
Straight shafts with 0.12 mm teeth and 5 mm tying platform. Serrated handle with polished finish. Manufactured in titanium....
Straight shafts with polished finish. Teeth: 0.12 mm. Tying platform: 5.0 mm. Wide Serrated....
Straight shafts with 1 x 2 teeth and 5 mm tying platform. Serrated handle with dull finish....
Medicine Products: