CVS Health Corp

NYSE:CVS   3:59:58 PM EDT
-0.80 (-1.17%)
Other Pre-Announcement

CVS Health Reports Q3 Adjusted Earnings Per Share Of $1.66

Published: 11/06/2020 11:42 GMT
CVS Health Corp (CVS) - Cvs Health Reports Third Quarter Results With Diversified Assets Delivering Strong Enterprise Performance.
Sees FY 2020 Adjusted Earnings per Share $7.35 to $7.45.
Sees FY 2020 GAAP Earnings per Share $5.60 to $5.70.
Q3 Adjusted Earnings per Share $1.66.
Q3 GAAP Earnings per Share $0.93.
Q3 Earnings per Share Estimate $1.33 -- Refinitiv Ibes Data (analyst estimates).
2020 Full Year EPS and Cash Flow From Operations Guidance Ranges Raised.
Qtrly Total Revenues Increased to $67.1 Billion, Up 3.5%.
Doubled Number of Test Sites to More Than 4,000 Cvs Pharmacy Locations Nationwide.
Q3 Revenue View $66.66 Billion -- Refinitiv Ibes Data (analyst estimates).
Raised 2020 Cash Flow From Operations Guidance Range to $12.75 Billion to $13.25 Billion.
Qtrly Total Same Store Sales Rose 5.7%.
Administered More Than Six Million Covid-19 Tests Nationwide to Date.
Qtrly Pharamcy Same Store Sales Rose 6.7%; Front Store Same Store Sales Rose 2.2%.
FY2020 Earnings per Share View $7.24 -- Refinitiv Ibes Data (analyst estimates).
Saw Increased Diagnostic Testing in Response to the Covid-19 Pandemic in Quarter.
Cvs Health - Due to Pandemic, in Quarter, Saw Reduced New Therapy Prescriptions, in Front Store Saw Decreased Customer Traffic in Retail Pharmacies.