WellPoint cuts 2008 profit outlook

lunedì 10 marzo 2008 21:18

March 10 (Reuters) - Health insurer WellPoint Inc WLP.N cut its profit outlook for 2008 citing higher-than-expected medical costs and lower-than-expected enrollment.

The company now expects to earn $5.76 to $6.01 a share for the year, compared with its previous forecast of $6.41 a share. (Reporting by Varsha Tickoo in Bangalore; Editing by Deepak Kannan)