Health Spring, Inc. (HS) Fourth-Quarter Results Review

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Analysts Charles Boorady and Christopher Carter at Citigroup, Inc. (NYSE: C) have released a report reviewing the fourth-quarter results at Health Spring, Inc. (NYSE: HS). The company reported strong results for the fourth-quarter.

Health Spring, Inc. reported EPS of $0.68 for the quarter, which came in ahead of the analysts’ estimate of $0.66, and consensus of $0.62. The company reported total premium & fee revenue of $676.8 million, which came in ahead of the analysts’ estimate of $663.6 million.

Health Spring, Inc. also provided guidance for 2010. The company expects EPS of $2.25-$2.50 in 2010. Analysts at Citigroup, Inc. have a Hold rating for the company, with a price target of $19.


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