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Express Scripts narrows annual guidance

Pharmacy-benefits manager Express Scripts Holding Co. on Monday revised its projections for the year following mixed results for the second quarter.

The St. Louis company, the largest manager of prescription-drug benefits in the U.S., now projects adjusted profit of $6.33 to $6.43 a share on between 1.26 billion and 1.29 billion adjusted claims for the year, compared with its earlier view of $6.31 to $6.43 a share on 1.255 billion to 1.295 billion adjusted claims.

Meanwhile, Express Scripts cut its unadjusted profit to a range of $4.45 to $4.55 a share, down from $4.53 to $4.61 a share.

For the...