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Actionable news in WCG: WELLCARE HEALTH PLANS Inc,

WellCare (WCG) Stock Jumping on Q3 Beat, Raised Guidance

NEW YORK (TheStreet) -- Shares of WellCare Health Plans (WCG) were soaring 6.67% to $121.08 on heavy trading volume late Tuesday afternoon after the company reported better-than-expected results for the 2016 third quarter and boosted its full-year profit outlook.

Before the opening bell, the Tampa, FL-based Medicare and Medicaid coverage provider posted adjusted earnings of $1.63 per diluted share, surpassing analysts' estimates of $1.11 per share.

Revenue for the period was $3.58 billion, while analysts had forecast $3.52...


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