Mizuho Securities Reiterates Buy Rating on CVS Health (CVS) Following 3Q EPS Beat

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CVS Health Reports Third Quarter Results

November 6, 2019 6:30 AM EST

WOONSOCKET, R.I., Nov. 6, 2019 /PRNewswire/ --

Third Quarter Year-over-Year Highlights:

Total revenues increased 36.5% to $64.8 billion GAAP operating income increased 13.8% to $2.9 billion Adjusted operating income (1) increased 48.9% to $3.9 billion GAAP diluted earnings per share from continuing operations of $1.17 Adjusted EPS (2) of $1.84

Year-to-date Highlights:

Generated cash flow from operations of $10.2 billion

2019 Full Year Guidance:

Revised GAAP operating income guidance range to $11.77 billion to $11.95 billion from $11.82 billion to $12.02 billion Raised and narrowed adjusted operating... More