|
 The nation's largest drugstore chain says its net income fell to
$683 million, or 78 cents per share, in the three months that ended
Feb. 29. That is down from $739 million, or 80 cents per share, a
year ago.
Revenue climbed less than 1 percent to $18.65 billion.
Analysts forecast earnings of 77 cents per share on $18.57 billion
in revenue.
Its shares climbed $1.25, or 3.6 percent, to $35.62 in premarket
trading.
Express Scripts is a pharmacy benefits manager that paid Walgreen to
fill prescriptions. The companies let a contract between them expire
at the end of last year. [Associated
Press]
Copyright 2012 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed. |
 |
