CVS Health (CVS) Tops Q2 EPS by 8c; Confirms FY23 Adj EPS

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Go back to CVS Health (CVS) Tops Q2 EPS by 8c; Confirms FY23 Adj EPS

CVS Health (CVS) shares tick higher on surprise Q2 beat

August 2, 2023 6:42 AM EDT

CVS Health (NYSE: CVS) shares rose modestly in pre-open trading Wednesday after a surprise beat on the top and bottom line in the second quarter and a confirming of its full year adjusted EPS, although GAAP EPS for the year was trimmed.

The pharmacy and healthcare giant reported that adjusted EPS for the quarter fell to $2.21 from $2.53 last year, but beat the consensus of $2.13.

Revenue rose 10.3% to $88.921 billion, beating the... More