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Wellcare Health Plans inc   (WCG)
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WCG's Net Income Growth by Quarter and Year

Wellcare Health Plans Inc 's Net Income results by quarter and year




WCG Net Income (in millions $) FY 2019 FY 2018 FY 2017 FY 2016
IV Quarter December - 55.90 60.70 45.60
III Quarter September 241.00 130.60 171.60 68.60
II Quarter June 182.80 151.60 74.10 90.80
I Quarter March 151.40 101.70 67.30 37.10
FY   575.20 439.80 373.70 242.10



WCG Net Income third quarter 2019 Y/Y Growth Comment
Wellcare Health Plans inc achieved in the third quarter 2019, above Company average Net Income rise of 84.53% year on year, to $ 241.00 millions.

Among companies who have reported third quarter 2019 results in the Accident & Health Insurance industry only one Company has achieved higher year on year Net Income results in the third quarter 2019. While Wellcare Health Plans Inc ' s Net Income jump of 84.53% ranks overall at the positon no. 256 in the third quarter 2019.




WCG Net Income ( Y/Y Growth %) 2019
2018 2017 2016
IV Quarter December - -7.91 % 33.11 % 250.77 %
III Quarter September 84.53 % -23.89 % 150.15 % 88.46 %
II Quarter June 20.58 % 104.59 % -18.39 % 75.63 %
I Quarter March 48.87 % 51.11 % 81.4 % 112 %
FY   - 17.69 % 54.36 % 104.13 %

Financial Statements
Wellcare Health Plans Inc 's third quarter 2019 Net Income $ 241.00 millions WCG's Income Statement
Wellcare Health Plans Inc 's third quarter 2018 Net Income $ 130.60 millions Quarterly WCG's Income Statement
New: More WCG's historic Net Income Growth >>


WCG Net Income (Quarter on Quarter Growth %)

2019
2018 2017 2016
IV Quarter December - -57.2 % -64.63 % -33.53 %
III Quarter September 31.84 % -13.85 % 131.58 % -24.45 %
II Quarter June 20.74 % 49.07 % 10.1 % 144.74 %
I Quarter March 170.84 % 67.55 % 47.59 % 185.38 %
FY (Year on Year)   - 17.69 % 54.36 % 104.13 %




Net Income third quarter 2019 Y/Y Growth Company Ranking
Within: No.
Accident & Health Insurance Industry #2
Financial Sector #61
Overall #256

Net Income Y/Y Growth Statistics
High Average Low
250.77 % 44.68 % -70.14 %
(Dec 31 2016)   (Dec 31 2014)
Net Income third quarter 2019 Y/Y Growth Company Ranking
Within: No.
Accident & Health Insurance Industry #2
Financial Sector #61
Overall #256
Net Income Y/Y Growth Statistics
High Average Low
250.77 % 44.68 % -70.14 %
(Dec 31 2016)   (Dec 31 2014)

Net Income by Quarter for the Fiscal Years 2016, 2017, 2018, 2019

Wellcare Health Plans Inc 's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
195.43 % 33.79 % -64.63 %
(Jun 30 2015)  


WCG's III. Quarter Q/Q Net Income Comment
Wellcare Health Plans inc achieved in the III. Quarter 2019 below company average Net Income jump of 31.84% quarter on quarter, to $ 241.00 millions.

Although the III. Quarter 2019 WCG's Net Income Q/Q growth was below the average of 33.79 %, that has been yet promising news, as the current improvement, eclipses the -13.85% Net Income surge in the III. Quarter a year ago

Within Accident & Health Insurance industry Wellcare Health Plans inc achieved highest sequential Net Income growth. While Wellcare Health Plans Inc 's Net Income growth quarter on quarter, overall rank is 586.


Net Income Q/Q Growth Company Ranking
Within: No.
Accident & Health Insurance Industry #1
Financial Sector #147
Overall #586
Net Income Q/Q Growth Company Ranking
Within: No.
Accident & Health Insurance Industry #1
Financial Sector #147
Overall #586
Net Income Q/Q Growth Statistics
High Average Low
195.43 % 33.79 % -64.63 %
(Jun 30 2015)  


WCG's III. Quarter Q/Q Net Income Comment
Wellcare Health Plans inc achieved in the III. Quarter 2019 below company average Net Income jump of 31.84% quarter on quarter, to $ 241.00 millions.

Even if the III. Quarter 2019 results were beneath the regular , that was still good sign, as the III. Quarter surge, transcends the -13.85% Net Income rise in the same quarter a year ago

Within Accident & Health Insurance industry Wellcare Health Plans inc achieved highest sequential Net Income growth. While Wellcare Health Plans Inc 's Net Income growth quarter on quarter, overall rank is 586.


Wellcare Health Plans Inc 's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Sep 30 2019)
12 Months Ending
(Jun 30 2019)
12 Months Ending
(Mar 31 2019)
12 Months Ending
(Dec 31 2018)
12 Months Ending
(Sep 30 2018)
Cumulative Net Income 12 Months Ending $ 631.10 $ 520.70 $ 489.50 $ 439.80 $ 444.60
Y / Y Net Income Growth (TTM) 41.95 % 7.23 % 19.95 % 17.69 % 23.98 %
Year on Year Net Income Growth Overall Ranking # 789 # 458 # 1247 # 326 # 962
Seqeuential Net Income Change (TTM) 21.2 % 6.37 % 11.3 % -1.08 % -8.44 %
Seq. Net Income Growth (TTM) Overall Ranking # 333 # 706 # 1462 # 414 # 596




Cumulative Net Income growth Comment
Wellcare Health Plans Inc saw improvement in Net Income growth trend, posting cumulative 12 months Net Income growth of 41.95% year on year, to $ 631 millions if the fiscal year would have ended in Sep 30 2019.
Wellcare Health Plans Inc 's trailing twelve months Net Income growth was higher than company's average 40.34% and higher than 7.23% growth in Jun 30 2019.
But from twelve months ended Jun 30 2019 growth rate was beneth at 21.2 % from $520.7 millions reported in twelve months ending a quarter before Gabriele Moretti continued.
Yet it was evidence of strength, while the usual sequential Net Income gain is at 10.3%.
The momentum is even more impressive from twelve months ended Jun 30 2019 showed at 21.2 % rise from $520.7 millions in twelve months ending a quarter before.

In the Financial sector 290 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 458 to 789.

Net Income TTM Q/Q Growth Statistics
High Average Low
159.57 %
10.3 %
-41.76 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Accident & Health Insurance Industry # 3
Financial Sector # 291
Overall # 789

Net Income TTM Y/Y Growth Statistics
High Average Low
272.51 %
40.34 %
-79.52 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 3
Sector # 79
S&P 500 # 333
Cumulative Net Income growth Comment
Wellcare Health Plans Inc saw improvement in Net Income growth trend, posting cumulative 12 months Net Income growth of 41.95% year on year, to $ 631 millions if the fiscal year would have ended in Sep 30 2019.
Wellcare Health Plans Inc 's trailing twelve months Net Income growth was higher than company's average 40.34% and higher than 7.23% growth in Jun 30 2019.
But from twelve months ended Jun 30 2019 rise was less at 21.2 % from $520.7 millions achieved in twelve months ending a quarter Jun 30 2019 Gabriele Moretti went on.
Yet this was confirmation of strength, as the average Q/Q TTM Net Income gain is at 10.3%.
The growth was much higher sequentially clinched at 21.2 % jump from $520.7 millions in twelve months ending a quarter Jun 30 2019.

In the Financial sector 290 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 458 to 789.

Net Income TTM Q/Q Growth Statistics
High Average Low
159.57 %
10.3 %
-41.76 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Accident & Health Insurance Industry # 3
Financial Sector # 291
Overall # 789

Net Income TTM Y/Y Growth Statistics
High Average Low
272.51 %
40.34 %
-79.52 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 3
Sector # 79
S&P 500 # 333




Other Net Income Growth
Accident & Health Insurance Industry Net Income Growth Trends and Statistics
Financial Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
WCG's Net Income Growth Ratio versus Accident & Health Insurance Industry, Financial Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for WCG's Competitors
Net Income Growth for Wellcare Health Plans Inc 's Suppliers
Net Income Growth for WCG's Customers

You may also want to know
WCG's Annual Growth Rates WCG's Profitability Ratios WCG's Asset Turnover Ratio WCG's Dividend Growth
WCG's Roe WCG's Valuation Ratios WCG's Financial Strength Ratios WCG's Dividend Payout Ratio
WCG's Roa WCG's Inventory Turnover Ratio WCG's Growth Rates WCG's Dividend Comparisons



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Equifax inc 108.33%$ 108.333 millions
Acres Commercial Realty Corp 108.04%$ 108.035 millions
Weingarten Realty Investors103.68%$ 103.681 millions
Horace Mann Educators Corporation103.18%$ 103.177 millions
Morgan Stanley Smith Barney Spectrum Select Lp101.03%$ 101.026 millions
Nmi Holdings Inc 100.57%$ 100.568 millions
Ares Management Corporation94.60%$ 94.601 millions
First Savings Financial Group inc 92.39%$ 92.391 millions
Spirit Of Texas Bancshares Inc 92.35%$ 92.349 millions
Emclaire Financial Corp86.74%$ 86.736 millions
Wellcare Health Plans inc 84.53%$ 84.533 millions
Essential Properties Realty Trust Inc 83.03%$ 83.028 millions
Midwestone Financial Group Inc 81.47%$ 81.469 millions
Global Indemnity Group Llc80.28%$ 80.284 millions
Security National Financial Corporation79.64%$ 79.636 millions
Bay Banks Of Virginia Inc 79.43%$ 79.435 millions
Transunion78.74%$ 78.745 millions
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