CVS Health (CVS) Tops Q1 EPS by 12c, Updates Guidance

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Go back to CVS Health (CVS) Tops Q1 EPS by 12c, Updates Guidance

CVS Health Reports First Quarter Results

May 1, 2019 6:55 AM EDT

WOONSOCKET, R.I., May 1, 2019 /PRNewswire/ --

First Quarter Year-over-Year Highlights:

Revenues increased 34.8% to $61.6 billion GAAP operating income increased 34.8% to $2.7 billion Adjusted operating income increased 56.8% to $3.6 billion GAAP diluted earnings per share of $1.09 Adjusted EPS (a) of $1.62 Generated cash flow from operations of $1.9 billion

2019 Full Year Guidance:

Revised GAAP operating income guidance range to $11.8 billion to $12.0 billion from $11.7 billion to $12.1 billion Narrowed and raised the mid-point of the guidance range for adjusted operating income (1) to $15.0... More