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Article: Universal American Corp. Reports Third Quarter 2009 Results and Raises 2009 EPS Guidance.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Universal American Corp. (NYSE: UAM) announced financial results for the quarter ended September 30, 2009. Third Quarter 2009 Highlights Net income was $59.7 million, or $0.74 per share, including after-tax net realized losses of $3.1 million, or $0.04 per share, and a non-recurring tax benefit of $5.0 million, or $0.06 per share.
Revenues of $1.1 billion. Raises 2009 EPS Guidance Earnings per share of $1.80 to $1.90, excluding realized gains and losses on investments, the restructuring and other special items incurred in the second quarter, and the non-recurring tax benefit recorded in the third quarter. This guidance includes $16.5 million, or $0.20 per share, ...