Before The Bell
FONT-SIZE Plus   Neg
Share SHARE

SXC Health Solutions (SXCI) Rose To A New High On Strong Guidance News

SXC Health Solutions (SXCI: Quote) reported fourth quarter net income of $0.42 per share Thursday morning, compared to $0.26 per share in the previous year. The consensus estimate was for EPS of $0.48. The company expects to report full year 2012 adjusted EPS of $2.37 to $2.45. The consensus estimate is for EPS of $2.28.

SXC Health Solutions gapped open sharply higher Thursday and climbed during the first hour of trade. Shares were range-bound for the remainder of the session and closed up by 3.83 at $67.36 on above average volume. The stock broke out of a month and a half long range and set a new high for the year.

Click here to receive FREE breaking news email alerts for SXC Health Solutions and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

comments powered by Disqus