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George Paz

Express Scripts 1Q Helped By Medco; Outlook Lifted

Express Scripts Holding Co. (ESRX) said Monday its first-quarter earnings rose 39%, fueled by last year's Medco Health Solutions deal, and the company slightly increased its full-year earnings outlook.St. Louis-based Express Scripts added three cents to its per-share earnings guidance for 2013, citing expected improvements in gross profits over the balance of the year. The pharmacy-benefit manager's adjusted earnings in the recent quarter, which exclude costs pegged to the Medco deal, came in slightly ahead of Wall Street expectations.Shares climbed 1.7% to $59.42 in after-hours trading. The stock is up about 8% on the year through Monday's close, although it has yet to recover from an early November warning that Wall Street expectations for 2013 looked too high.The company at the time blamed a weak business climate and challenging unemployment outlook, which can affect the volume of prescriptions it handles. But Express Scripts struck a more upbeat tone on its fourth-quarter call in F...

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  1. Express Scripts CEO's 2012 Compensation Climbs to $12.8 Million

    Express Scripts Holding Co. (ESRX) Chief Executive George Paz's compensation rose 50% in value last year, a year in which his company wrapped up a $29.1 billion acqu...

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    Pharmacy-benefit manager Express Scripts Holding Co. (ESRX) reported a 74% surge in fourth-quarter earnings, helped by a major acquisition, while forecasting 2013 ea...

  3. Express Scripts 4Q Profit Surges 75%

    Express Scripts (NASDAQ:ESRX) reported on Monday a fourth-quarter profit that leaped 75% on higher revenue.Net income for the period was $511 million, compared to $2...

  4. Express Scripts Sees Economic Pressure on Business

    Express Scripts Holding Co.'s (ESRX) clients have "unprecedented concerns" about the U.S. economy that, coupled with pressure on individual patients, is weighing on ...

  5. Express Scripts Net Up, But 2013 Concerns Hit Shares

    Express Scripts Holding Co.'s (ESRX) third-quarter earnings rose 21%, helped by the pharmacy-benefit manager's purchase of Medco Health Solutions earlier this year, ...

  6. Walgreen to Remain Out of Tricare Pharmacy Network

    The U.S. Department of Defense's Tricare health plan has decided it won't let its nearly 10 million beneficiaries who get drug coverage through Express Scripts Holdi...

  7. Express Scripts Earnings Down on Costs, But Outlook Up

    Express Scripts Holding Co.'s (ESRX) second-quarter earnings fell 49% as the pharmacy-benefit manager absorbed acquisition costs, but results topped Wall Street expe...

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