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CVS beats all around and ups expectations for the year
Earnings power from a major acquisition helped push profit at CVS Health up 42% in the first quarter and the company raised its 2019 forecast after it had started the year with a more pessimistic outlook.
CVS now expects adjusted earnings this year to range from $6.75 to $6.90 per share. That's up from an initial forecast the company made in February for earnings of $6.68 to $6.88 per share, an outlook that fell well below Wall Street expectations.
Analysts now expect earnings of $6.79 per share, according to FactSet.
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https://finance.yahoo.com/news/cvs-healt...15351.html
![[Bild: CVSc1dl0951.png]](https://finviz.com/publish/050119/CVSc1dl0951.png)
Earnings power from a major acquisition helped push profit at CVS Health up 42% in the first quarter and the company raised its 2019 forecast after it had started the year with a more pessimistic outlook.
CVS now expects adjusted earnings this year to range from $6.75 to $6.90 per share. That's up from an initial forecast the company made in February for earnings of $6.68 to $6.88 per share, an outlook that fell well below Wall Street expectations.
Analysts now expect earnings of $6.79 per share, according to FactSet.
...
https://finance.yahoo.com/news/cvs-healt...15351.html
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