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CVS Health Corp. Q1 adjusted earnings Beat Estimates

CVS Health Corp. (CVS) announced earnings for its first quarter that rose from the same period last year.

The company's profit came in at $2.22 billion, or $1.68 per share. This compares with $2.01 billion, or $1.53 per share, in last year's first quarter.

Excluding items, CVS Health Corp. reported adjusted earnings of $2.70 billion or $2.04 per share for the period.

Analysts had expected the company to earn $1.71 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.5% to $69.10 billion from $66.76 billion last year.

CVS Health Corp. earnings at a glance:

-Earnings (Q1): $2.70 Bln. vs. $2.50 Bln. last year.
-EPS (Q1): $2.04 vs. $1.91 last year.
-Analysts Estimate: $1.71
-Revenue (Q1): $69.10 Bln vs. $66.76 Bln last year.

-Guidance:
Full year EPS guidance: $7.56 to $7.68

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