CVS Health: Q4 Earnings Snapshot

WOONSOCKET, R.I. (AP) — WOONSOCKET, R.I. (AP) — CVS Health Corporation (CVS) on Wednesday reported fourth-quarter profit of $2.3 billion. On a per-...

February 15, 2023
4:22 PM

WOONSOCKET, R.I. (AP) — WOONSOCKET, R.I. (AP) — CVS Health Corporation (CVS) on Wednesday reported fourth-quarter profit of $2.3 billion. On a per-share basis, the Woonsocket, Rhode Island-based company said it had profit of $1.75. Earnings, adjusted for one-time gains and costs, came to $1.99 per share. The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.92 per share. The drugstore chain and pharmacy benefits manager posted revenue of $83.