LOS ANGELES--(BUSINESS WIRE)--Health Net, Inc. (NYSE:HNT) today announced 2015 annual guidance of at least $2.55 for GAAP earnings per diluted share (EPS) and at least $3.15 per diluted share for the combined Western Region Operations (Western Region) and Government Contracts segments. The EPS guidance for the combined segments would represent a 40 percent increase compared with the company’s existing guidance for the full year of 2014.
The difference between GAAP EPS guidance and EPS guidance for the combined segments is due to the expected impact of 2015 expenses related to the company’s previously announced master services agreement with a subsidiary of Cognizant Technology Solutions Corporation (Cognizant). This is consistent with the commentary regarding these expenses the company gave on its second quarter and third quarter 2014 earnings conference calls.
Health Net Issues 2015 Earnings Guidance | Health Net Online Newsroom
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