Finance Blog number 1

February 27, 2009

EXPRESS SCRIPTS: Quarterly profit jumps

Filed under: term — Tags: , , — Sun @ 1:09 pm

Express Scripts Inc., one of the nation’s largest managers of pharmacy benefits, reported that fourth-quarter profit rose 49 percent and reaffirmed its 2009 earnings per share guidance in the range of $3.63 to $3.73.

The north St. Louis County-based company said net income was $206.8 million, or 84 cents per share, for the fourth quarter ended Dec. 31 versus $138.5 million, or 54 cents per share, a year ago quick payday loan. Revenue was $5.51 billion compared with $5.55 billion.

For 2008, net income rose to $776.1 million, or $3.08 per share, up from $567.8 million, or $2.15 per share. Revenue was $22 billion, up from $21.8 billion.

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