WellPoint Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component WellPoint (NYSE:WLP) will unveil its latest earnings tomorrow, Wednesday, January 23, 2013. WellPoint is a health benefits company which offers a spectrum of network-based managed care plans to employers, individuals, and seniors.

WellPoint Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 96 cents per share, a decline of 3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.14. Between one and three months ago, the average estimate moved down. It also has dropped from 98 cents during the last month. For the year, analysts are projecting net income of $7.42 per share, a rise of 6% from last year.

Last quarter, the company came in at profit of $2.09 per share against a mean estimate of net income of $1.84 per share, beating estimates after missing them in the previous quarter. In the second quarter, it missed forecasts by one cent.

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Analyst Ratings: There are mostly holds on the stock with 10 of 18 analysts surveyed giving that rating.

A Look Back: In the third quarter, profit rose 1.2% to $691.2 million ($2.15 a share) from $683.2 million ($1.90 a share) the year earlier, exceeding analyst expectations. Revenue fell 0.3% to $15.35 billion from $15.4 billion.

Here’s how WellPoint traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: