CVS Health Corporation (CVS)

[DiscoverGold]

Analysts Anticipate CVS Health Co. (CVS) Will Post Quarterly Sales of $68.44 Billion
By: MarketBeat | April 10, 2021

Equities research analysts expect CVS Health Co. (NYSE:CVS) to announce $68.44 billion in sales for the current fiscal quarter, Zacks reports. Seven analysts have issued estimates for CVS Health's earnings. The highest sales estimate is $69.79 billion and the lowest is $67.36 billion. CVS Health reported sales of $66.76 billion in the same quarter last year, which indicates a positive year over year growth rate of 2.5%. The business is expected to report its next quarterly earnings report before the market opens on Wednesday, May 5th.

On average, analysts expect that CVS Health will report full-year sales of $280.97 billion for the current financial year, with estimates ranging from $278.40 billion to $287.41 billion. For the next year, analysts anticipate that the company will report sales of $294.25 billion, with estimates ranging from $290.26 billion to $306.60 billion. Zacks Investment Research's sales averages are a mean average based on a survey of analysts that that provide coverage for CVS Health.

CVS Health (NYSE:CVS) last released its quarterly earnings data on Monday, February 15th. The pharmacy operator reported $1.30 EPS for the quarter, topping the consensus estimate of $1.24 by $0.06. CVS Health had a net margin of 2.99% and a return on equity of 15.60%. The business had revenue of $69.55 billion for the quarter, compared to analyst estimates of $68.67 billion. During the same period in the previous year, the firm earned $1.73 EPS.

Read Full Story »»»

DiscoverGold