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Created: 04/29/2013 5:05 PM KSTP.com | Print |  Email

News Summary: Express Scripts profit grows 39 pct.

(AP) WASHINGTON - THE RESULTS: Express Scripts said its first-quarter earnings jumped 39 percent as the company continued to book millions of new prescriptions following last year’s acquisition of Medco.

OUTLOOK BOOST: Company executives raised the company’s full-year earnings outlook by 3 cents to a range of $4.23 to $4.33 per share.

MERGER RX: The number of prescriptions Express handled more than doubled to almost 390 million, following the company’s acquisition of Medco last April.

(Copyright 2013 by The Associated Press. All Rights Reserved.)


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