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Express Scripts Announces Record Third Quarter Earnings and 2011 Guidance
Date:10/27/2010

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2010 GuidanceThe Company previously provided 2010 adjusted earnings per diluted share guidance of $2.45 to $2.50.  Based on year-to-date performance and strong underlying fundamentals, the Company now believes its 2010 adjusted earnings per share will be in a range of $2.48 to $2.50.  Adjusted earnings per share excludes items as detailed in Table 5.

2011 GuidanceThe Company expects to achieve adjusted 2011 earnings per share in the range of $3.15 to $3.25. Adjusted earnings per share excludes items as detailed in Table 6.

  • Total adjusted claims are expected to be in a range of 750 to 780 million
  • Adjusted EBITDA per claim is expected to be in a range of $3.70 to $3.90
  • Cash flow from operations is expected to be in a range of $2.2 billion to $2.4 billion

  • "The fundamentals of our business and realization of the expected synergies allow us to deliver solid earnings while making significant investments to continue our growth and position us as a leader in the evolving healthcare landscape," said Jeff Hall, chief financial officer.  

    About Express ScriptsExpress Scripts, Inc., one of the largest pharmacy benefit management companies in North America, is leading the way toward creating better health and value for patients through Consumerology®, the advanced application of the behavioral sciences to healthcare. This approach is helping millions of members realize greater healthcare outcomes and lowering cost by assisting in influencing their behavior. Headquartered in St. Louis, Express Scripts provides integrated PBM services including network-pharmacy claims processing, home delivery services, specialty benefit management, benefit-design consultation, drug-utilization review, formulary management, and medical and drug data analysis services. The company also distributes a full range of biopharmaceutical products and provides extensive cost-management and patient-c
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    SOURCE Express Scripts, Inc.
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