Express Scripts: 3Q Earnings Snapshot
Express Scripts: 3Q Earnings Snapshot
ST. LOUIS (AP) _ Express Scripts Holding Co. (ESRX) on Wednesday reported third-quarter earnings of $1.07 billion.
The St. Louis-based company said it had profit of $1.89 per share. Earnings, adjusted for one-time gains and costs, came to $2.43 per share.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.42 per share.
The pharmacy benefit manager posted revenue of $25.56 billion in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $24.99 billion.
Express Scripts shares have climbed 29 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed slightly more than 1 percent. In the final minutes of trading on Wednesday, shares hit $96.27, a rise of 57 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ESRX at https://www.zacks.com/ap/ESRX