CVS Health Reports Record First Quarter Results
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CVS Health (CVS) Tops Q1 EPS by 6c
May 1, 2015 7:01 AM EDTCVS Health (NYSE: CVS) reported Q1 EPS of $1.14, $0.06 better than the analyst estimate of $1.08. Revenue for the quarter came in at $36.3 billion versus the consensus estimate of $35.93 billion.
Revenues in the Pharmacy Services Segment increased 18.2%, or $3.7 billion, to $23.9 billion in the three months ended March 31, 2015. The increase was primarily driven by growth in specialty pharmacy and pharmacy network claims. Pharmacy network claims processed during the three months ended March 31, 2015, increased 11.0% to 230.8 million compared to 208.0... More
