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CVS Health Posts Q3 Loss, Adj. EPS Tops View; Lifts FY22 Adj. EPS Forecast

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

CVS Health Corp. on Wednesday reported a hefty loss in its third quarter on charges, despite higher revenues. Adjusted earnings and revenues topped market estimates. Further, the health insurer trimmed its fiscal 2022 outlook for reported earnings, but raised adjusted earnings view in line or above analysts' estimates.

In pre-market activity on the NYSE, CVS shares were gaining around 1 percent to trade at $95.49.

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