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

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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.

 

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