Express Scripts (NASDAQ:ESRX) issued its quarterly earnings data on Wednesday. The company reported $2.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.42 by $0.01, RTT News reports. Express Scripts had a return on equity of 25.49% and a net margin of 4.65%. The company had revenue of $25.56 billion for the quarter, compared to analysts’ expectations of $25.11 billion. During the same period in the previous year, the firm posted $2.51 earnings per share. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis.
Express Scripts stock traded up $1.55 during mid-day trading on Wednesday, reaching $96.97. 4,241,800 shares of the company were exchanged, compared to its average volume of 4,244,859. The company has a quick ratio of 0.59, a current ratio of 0.71 and a debt-to-equity ratio of 0.69. The firm has a market cap of $53.00 billion, a P/E ratio of 13.66, a P/E/G ratio of 1.20 and a beta of 1.01. Express Scripts has a 12-month low of $59.17 and a 12-month high of $97.63.
In other Express Scripts news, insider Christine Houston sold 12,898 shares of the company’s stock in a transaction on Friday, August 10th. The stock was sold at an average price of $85.00, for a total transaction of $1,096,330.00. Following the completion of the sale, the insider now owns 110,908 shares in the company, valued at $9,427,180. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.79% of the stock is owned by corporate insiders.
Express Scripts Company Profile
Express Scripts Holding Company operates as a pharmacy benefit management (PBM) company in the United States and Canada. The company's PBM segment offers clinical solutions; and specialized pharmacy care, home delivery and specialty pharmacy, retail network pharmacy administration, benefit design consultation, drug utilization review, drug formulary management, public exchange, administration of group purchasing organization, and digital consumer health and drug information services.
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