Express’ 4Q Results Point to a Healthy and Wide Moat Operation, Despite Negative Perceptions
There wasn’t much to complain about in Express Scripts’ fourth quarter, as the pharmacy benefit manager reported positive metrics all around. We believe the firm is in a solid long-term position given its cost-saving and efficiency services, and this dynamic was reflected in its results. Express reported a solid gain for both its top and bottom line, and critically, reported impressive results on a per-claim basis. Revenue, gross profit, and operating profit per claim increased 2%, 6%, and 7%, r...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.