Express Scripts profit falls, lowers 2014 forecast
April 29 (Reuters) - Pharmacy benefit manager Express Scripts Holding Co on Tuesday reported lower first quarter profit and took down its full-year earnings forecast range by 6 cents, saying adjusted prescription volume would be less than it had anticipated.
The company said net profit fell to $328.3 million, or 42 cents per share, from $373 million, or 45 cents per share, a year ago.
Excluding one-time items, Express said it had adjusted earnings of 99 cents per share. Analysts on average expected $1.01 per share, according to Thomson Reuters I/B/E/S.
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