Express Scripts (ESRX) Stock Down Ahead of Q2 Earnings

Express Scripts (ESRX) stock is falling in late afternoon trading Monday as the company is expected post second quarter results after today's market close.
By Annie Palmer ,

NEW YORK (TheStreet) -- Shares of Express Scripts (ESRX)  are declining 1.91% to $77.35 in late afternoon trading Monday as the company expects to report second quarter results after today's closing bell. 

Analysts project the St. Louis-based pharmacy benefit company to report earnings of $1.57 per share on revenue of $25.42 million. 

Last year, Express Scripts reported earnings of $1.44 per share on revenue of $25.45 million. 

Express Scripts is still dealing with a lawsuit brought by its major customer, Anthem (ANTM), seeking $13 billion in price cuts concerning the remaining four years of its contract, Reuters reports. The lawsuit puts a large chunk of Express Scripts' revenue at risk, Reuters added, or approximately 16% of its 2015 revenue.

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:

We rate EXPRESS SCRIPTS HOLDING CO as a Buy with a ratings score of B-. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, notable return on equity, good cash flow from operations, compelling growth in net income and reasonable valuation levels. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

You can view the full analysis from the report here: ESRX

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