CVS Health (CVS) Tops Q4 EPS by 9c, FY EPS Guidance Misses

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CVS Health Reports Fourth Quarter and Full Year Results and Provides 2019 Full Year Guidance

February 20, 2019 6:55 AM EST

WOONSOCKET, R.I., Feb. 20, 2019 /PRNewswire/ --

Fourth Quarter Year-over-Year Highlights:

Completed $70 billion acquisition of Aetna Revenues (1) increased 12.5% to $54.4 billion GAAP diluted earnings (loss) per share from continuing operations of $(0.37), including a $2.2 billion, or $(1.99) per share, goodwill impairment charge related to the Long-Term Care ("LTC") business Adjusted EPS of $2.14

Full Year Highlights:

Revenues (1) increased 5.3% to $194.6 billion GAAP diluted earnings (loss) per share from continuing operations of $(0.57), including $6.1 billion, or $(5.89) per share, of goodwill impairment... More