CVS Health earnings top estimates as Covid vaccinations, testing boost drugstore sales

  • 📰 CNBC
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

CVS Health earnings beats expectations for first quarter, raises forecast for year

Shannon Stapleton | Reuters

Here's what the company reported for the fiscal first quarter ended March 31, compared with what analysts were expecting, based on a survey of analysts by Refinitiv:Revenue: $69.1 billion vs. $68.39 billion expected Excluding items, it earned $2.04 per share, more than the $1.72 per share expected by analysts surveyed by Refinitiv.

The company raised its guidance for the year. It said it expects 2021 earnings will range between $6.24 to $6.36 per share, but after adjustments it expects to earn between $7.56 to $7.68 per share.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Rip show!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines