CVS Health (CVS) Tops Q2 EPS by 20c, Raises FY Guidance

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CVS Health Reports Second Quarter Results

August 7, 2019 6:55 AM EDT

WOONSOCKET, R.I., Aug. 7, 2019 /PRNewswire/ --

Second Quarter Year-over-Year Highlights:

Revenues increased 35.2% to $63.4 billion GAAP operating income increased to $3.3 billion Adjusted operating income (1) increased 55.1% to $4.0 billion GAAP diluted earnings per share from continuing operations of $1.49 Adjusted EPS (2) of $1.89

Year-to-date Highlights:

Generated cash flow from operations of $7.3 billion

2019 Full Year Guidance:

Confirmed GAAP operating income guidance range of $11.8 billion to $12.0 billion Raised the guidance range for adjusted operating income (1) to... More