Express Scripts says earnings, revenue dip

MarketWatch.com - MarketPulse LOS ANGELES (MarketWatch) -- Pharmacy benefit manager Express Scripts Holding Co. on Thursday said fourth-quarter net income was $501.9 million, or 63 cents a share, compared with $504.1 million, or 61 cents a share, for the same period a year ago. Reporting after the close, the company said adjusted income was $1.12 a share, in line with estimates from analysts polled by FactSet. Sales came in at $25.78 billion, against last year s $27.37 billion, and slightly ahead of the $25.36 billion expected by FactSet. The company said it sees adjusted earnings of $4.88 to $5 a share for fiscal 2014, in line with the FactSet forecast of $4.93. Shares ended trading Thursday up 1% to $77.12, hitting an all-time closing high.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.