Universal American Corp (NYSE: UAM) reported earnings on Feb. 19. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Universal American Corp beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased. Non-GAAP earnings per share grew significantly. GAAP earnings per share expanded.

Gross margins contracted, operating margins grew, net margins grew.

Revenue details
Universal American Corp reported revenue of $554.2 million. The six analysts polled by S&P Capital IQ expected to see revenue of $534.7 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.16. The eight earnings estimates compiled by S&P Capital IQ predicted $0.11 per share. Non-GAAP EPS of $0.16 for Q4 were 23% higher than the prior-year quarter's $0.13 per share. (The prior-year quarter included -$0.02 per share in earnings from discontinued operations.) GAAP EPS were $0.17 for Q4 compared to -$0.25 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 4.0%, 1,630 basis points worse than the prior-year quarter. Operating margin was 3.5%, 60 basis points better than the prior-year quarter. Net margin was 2.7%, 650 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $559.7 million. On the bottom line, the average EPS estimate is $0.16.

Next year's average estimate for revenue is $2.16 billion. The average EPS estimate is $0.64.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 59 members out of 65 rating the stock outperform, and six members rating it underperform. Among 27 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 26 give Universal American Corp a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Universal American Corp is hold, with an average price target of $10.58.

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