11.27.2007 2:27 pm
Express Scripts announces 2008 earnings guidance
ST. LOUIS POST-DISPATCH
Express Scripts Inc. of north St. Louis County announced today it expects 2008 earnings to be in the range of $2.80 to $2.87 per share. The pharmacy benefit manager’s guidance is greater than analysts expectations of $2.79 a share, according to a poll by Thomson.
Express Scripts credited growth in generic utilization, home delivery, and specialty pharmacy management as well as lower drug costs. The news helped shares of Express Scripts climb more than 3 percent in afternoon trading.
