Investing.com - CVS Health Corp (NYSE:CVS) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.89 on revenue of $63.43B. Analysts polled by Investing.com anticipated EPS of $1.69 on revenue of $62.65B. That compared to EPS of $1.69 on revenue of $46.71B in the same period a year earlier. The company had reported EPS of $1.62 on revenue of $61.65B in the previous quarter.
For the year, CVS Health Corp shares are down 17.45%, under-performing the S&P 500 which is up 16.34% year to date.
CVS Health Corp follows other major Healthcare sector earnings this month
On Tuesday, July 16, 2019, J&J reported second quarter EPS of $2.58 on revenue of $20.56B, compared to forecasts of EPS of $2.46 on revenue of $20.29B.
Novartis ADR earnings beat analyst's expectations on Thursday, July 18, 2019, with second quarter EPS of $1.34 on revenue of $11.76B. Investing.com analysts expected EPS of $1.21 on revenue of $11.49B
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