WellPoint to Reaffirm Guidance at Upcoming Meetings (WLP)

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Health benefit company, WellPoint, Inc.( WLP ) reported on Tuesday that they are expecting earnings to be reaffirmed at upcoming meetings with analysts and investors.

During the period of December 11 to December 19, officers for WLP are planning to meet with analysts and investors to discuss the company's earnings guidance for 2012.

The company is is expecting to see earnings in the range of $7.37 to $7.47 per share. The finalization of the company's acquisition of Amerigroup Corporation does not effect this guidance.

Additionally, WLP is expecting to maintain 2013 guidance, which is expected to be stable due to the company's acquisition.

WellPoint shares were mostly flat during premarket trading Tuesday. The stock is down -12% YTD.

The Bottom Line
Shares of WellPoint ( WLP ) have a 1.98% dividend yield, based on last night's closing stock price of $58.21. The stock has technical support in the $54-$55 price area. If the shares can firm up, we see overhead resistance around the $63-$64 price levels.

WellPoint, Inc.( WLP ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.2 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Stocks

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