CVS Health Corporation (CVS)

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CVS to Post FY2021 Earnings of $8.02 Per Share, Truist Securiti Forecasts
By: MarketBeat | December 15, 2021

• CVS Health Co. (NYSE:CVS) - Truist Securiti increased their FY2021 EPS estimates for shares of CVS Health in a report released on Tuesday, December 14th. Truist Securiti analyst D. Macdonald now anticipates that the pharmacy operator will post earnings per share of $8.02 for the year, up from their previous forecast of $7.96. Truist Securiti also issued estimates for CVS Health's Q4 2021 earnings at $1.59 EPS, Q1 2022 earnings at $2.03 EPS, Q2 2022 earnings at $2.19 EPS, Q3 2022 earnings at $2.08 EPS and Q4 2022 earnings at $1.90 EPS. CVS Health (NYSE:CVS) last posted its quarterly earnings data on Wednesday, November 3rd. The pharmacy operator reported $1.97 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.79 by $0.18. The business had revenue of $73.79 billion during the quarter, compared to the consensus estimate of $70.52 billion. CVS Health had a return on equity of 14.16% and a net margin of 2.66%. The firm's quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.66 earnings per share...

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