Catamaran (CTRX) Tops Q3 EPS by 2c; Guides In-Line

Catamaran (NASDAQ: CTRX) reported Q3 EPS of $0.58, $0.02 better than the analyst estimate of $0.56. Revenue for the quarter came in at $5.5 billion versus the consensus estimate of $5.36 billion.

Catamaran sees FY2014 EPS of $2.20-$2.25, versus the consensus of $2.21. Catamaran sees FY2014 revenue of $21.1-21.5 billion, versus the consensus of $21.11 billion.

"Our third quarter results demonstrate our continued ability to deliver strong financial results while investing in strategic growth initiatives. The Catamaran team was very productive in the third quarter, securing additional wins in the selling season, advancing strategic integration activities and proceeding with our business development strategy culminating in the Salveo transaction we announced just after the quarter's end. We are well positioned for future growth as we close out 2014, " said Mark Thierer, Chairman and CEO of Catamaran Corporation.

For earnings history and earnings-related data on Catamaran (CTRX) click here.

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