Investing.com - CVS Health Corp (NYSE:CVS) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CVS Health Corp announced earnings per share of $2.64 on revenue of $65.34B. Analysts polled by Investing.com anticipated EPS of $1.89 on revenue of $64.05B.
CVS Health Corp shares are down 12% from the beginning of the year and are trading at $64.98 , down-from-52-week-high.They are under-performing the S&P 500 which is up 2.34% from the start of the year.
CVS Health Corp follows other major Services sector earnings this month
CVS Health Corp's report follows an earnings beat by Amazon.com on Thursday, July 30, 2020, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.
Visa A had beat expectations on Tuesday, July 28, 2020 with third quarter EPS of $1.06 on revenue of $4.84B, compared to forecast for EPS of $1.03 on revenue of $4.82B.
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