Investing.com – CVS Health Corp reported on Wednesday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.
CVS Health Corp announced earnings per share of $1.73 on revenue of $66.89B. Analysts polled by Investing.com anticipated EPS of $1.68 on revenue of $63.94B. That with comparison to EPS of $2.14 on revenue of $54.42B in the same period a year before. CVS Health Corp had reported EPS of $1.84 on revenue of $64.81B in the previous quarter. Analysts are expecting EPS of $1.62 and revenue of $62.19B in the upcoming quarter.
CVS Health Corp shares are down 0.59% from the beginning of the year , still down 4.13% from its 52 week high of $77.03 set on November 25, 2019. They are under-performing the S&P 500 which is up 3.49% year to date.
CVS Health Corp follows other major Services sector earnings this month
CVS Health Corp’s report follows an earnings beat by Amazon.com on January 30, who reported EPS of $6.47 on revenue of $87.44B, compared to forecasts EPS of $4.04 on revenue of $86.03B.
Visa A had matched expectations on January 30 with first quarter EPS of $1.46 on revenue of $6.05B, compared to forecast for EPS of $1.46 on revenue of $6.08B.
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