News Formal

CVS Earnings Top Estimates but Stock Drops as Outlook Is Slashed Again

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

CVS revises lower its guidance range for diluted GAAP earnings per share for the third straight quarter.

Investors didn’t seem pleased with a solid earnings and revenue beat from CVS Health, with shares in the healthcare company heading lower on Wednesday after the company slashed its full-year guidance for the third consecutive quarter.

CVS reported earnings of $2.21 a share on revenue of $89.8 billion, firmly topping expectations among analysts surveyed by FactSet of earnings of $2.13 a share on revenue of $88.3 billion. But CVS lowered its guidance range for diluted earnings per share measured under U.S. Generally Accepted Accounting Principles. The company said it now sees earnings by this metric in a range of $6.37 to $6.61 a share. CVS said in February that earnings could be $7.73 to $7.93 a share in 2023 but has revised this range lower in both May and August.Write to Jack Denton at jack.denton@barrons.com

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Arista Stock Jumps as Earnings Top EstimatesInvestors had worried about the outlook after Meta Platforms issued a more conservative capital-spending forecast than expected.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

CVS Health’s stock up after earnings beat, but company lowers full-year EPS guidanceCiara Linnane is MarketWatch's investing- and corporate-news editor. She is based in New York.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Fresh Del Monte’s stock slides premarket after earnings fall short of estimatesCiara Linnane is MarketWatch's investing- and corporate-news editor. She is based in New York.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

AGCO Stock Is Rising. Earnings Crushed Estimates.Farm-equipment maker AGCO saw 'robust demand' as third-quarter numbers beat estimates. It also raised guidance.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »