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What: Shares of Healthspring
So what: Fourth-quarter earnings per share of $0.88 topped the $0.77 analysts were expecting, but revenue was even more impressive. Revenue in the quarter came in at $881.6 million -- more than $100 million higher than estimates.
Now what: Higher membership levels provided a boost this quarter and management expects continued growth in 2011. Earnings range estimate of $3.60 to $3.90 per share was at the high end of analyst estimates of $3.67 for the year. With this kind of growth and a forward P/E of 10 I expect good things from this stock going forward.
Interested in more info on Healthspring? Add it to your watchlist.
Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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