logo
Plus   Neg
Share
Email

CVS Health Corp. Q2 adjusted earnings Beat Estimates

CVS Health Corp. (CVS) released a profit for its second quarter that rose from the same period last year.

The company's profit totaled $2.98 billion, or $2.26 per share. This compares with $1.94 billion, or $1.49 per share, in last year's second quarter.

Excluding items, CVS Health Corp. reported adjusted earnings of $3.47 billion or $2.64 per share for the period.

Analysts had expected the company to earn $1.93 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.0% to $65.34 billion from $63.43 billion last year.

CVS Health Corp. earnings at a glance:

-Earnings (Q2): $3.47 Bln. vs. $2.46 Bln. last year.
-EPS (Q2): $2.64 vs. $1.89 last year.
-Analysts Estimate: $1.93
-Revenue (Q2): $65.34 Bln vs. $63.43 Bln last year.

-Guidance:
Full year EPS guidance: $7.14 to $7.27

For comments and feedback contact: editorial@rttnews.com

Follow RTT