Express Scripts Earnings Preview (ESRX)
After the closing bell on Monday, Express Scripts (NASDAQ: ESRX) will be releasing its first quarter earnings results. Wall Street analysts are estimating that the company will earn $0.69 per share compared to $0.55 in the year ago period. Over the last 90 days, EPS estimates have risen $0.04, indicating that analysts are becoming more bullish on ESRX's prospects. Revenues are anticipated to be $11.56 billion.
ESRX has been trading in a range over the last 3 months between $58 and $52. During that time period, the stock has lost around 3%. Over the last year, ESRX has climbed 7%. The all-time high of $58.77 in the stock could be breached on a very strong earnings report today. On a longer term basis, ESRX has been showing excellent growth which is reflected in its share price which has risen 164% on the 5-year chart and 890% over the last 10 years.
Express Scripts, Inc. is a pharmacy benefit management (PBM) operating in North America, offering a range of services to its clients, which include health maintenance organizations (HMOs), health insurers, third-party administrators, employers, union-sponsored benefit plans, workers' compensation plans and Government health programs.
