Express Scripts Shares Rise On Outlook

MarketWatch Pulse

Express Scripts Holding Co. shares rose in the extended session Tuesday after the pharmacy-benefits manager met earnings expectations and forecast earnings above the consensus for the current quarter. Express Scripts shares rose 2.9% to $89.99 on moderate volume. The company reported adjusted first-quarter earnings of $1.10 a share on revenue of $24.9 billion. Analysts surveyed by FactSet had estimated $1.10 a share on revenue of $24.33 billlion. Express Scripts forecast adjusted earnings of $1.39 to $1.43 a share for the second quarter, and $5.37 to $5.47 for the year. Analysts estimate $1.36 a share for the second quarter, and $5.43 a share for the year.

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