CVS Health (CVS) Tops Q2 EPS by 8c

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Go back to CVS Health (CVS) Tops Q2 EPS by 8c

CVS Health Reports Second Quarter Results

August 8, 2018 6:55 AM EDT

WOONSOCKET, R.I., Aug. 8, 2018 /PRNewswire/ --

Second Quarter Year-over-Year Highlights:

Net revenues increased 2.2% to $46.7 billion Same store prescription volume growth of 9.5% GAAP earnings (loss) per share from continuing operations of $(2.52), including a $3.9 billion, or $(3.85) per share, goodwill impairment charge related to the Long-term Care ("LTC") business Adjusted EPS of $1.69

Year-to-date Highlights:

Generated cash flow from operations of $5.3 billion; free cash flow of $4.4 billion

2018 Full Year Guidance:

Revised full year GAAP diluted... More