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Street chatter: Details haven't been released, but early buzz tips to Express Script (ESRX...

  • Thursday, July 19, 2012, 9:53 AM ET
    Street chatter: Details haven't been released, but early buzz tips to Express Script (ESRX +2.4%) getting the better end of the pharmacy deal with Walgreen (WAG +12.1%), perhaps to the point it landed terms close to its original demands.
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    I commend Walgreen for burying the hatchet. If they can get 3 cents a share per quarter out of the deal, it will be acceptable. I think management will probably not revise its guidance though and given the time line we may never really know for sure the impact -- it will be easy to attribute any small rise in the EPS to a host of generalized factors.

    They need about 7 cents a share per quarter to get back to neutral with the previous economics.
    19 Jul 2012, 08:38 PM Reply Like
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