Wellcare Health Plans Inc Reveals 62% Gain In Q2 Bottom Line

(RTTNews) - Wellcare Health Plans Inc (WCG) reported earnings for its second quarter that gained ground from last year.

The company said its bottom line advanced to $99.5 million, or $2.23 per share. This was higher than $61.3 million, or $1.38 per share, in last year's second quarter.

The company said revenue for the quarter rose 3.2% to $3.59 billion. This was up from $3.48 billion last year.

Wellcare Health Plans Inc earnings at a glance:

-Earnings (Q2): $99.5 Mln. vs. $61.3 Mln. last year. -Earnings Growth (Y-o-Y): 62.3% -EPS (Q2): $2.23 vs. $1.38 last year. -EPS Growth (Y-o-Y): 61.6% -Revenue (Q2): $3.59 Bln vs. $3.48 Bln last year. -Revenue Change (Y-o-Y): 3.2%