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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| CVS Health Corporation | NYSE:CVS | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -1.06 | -1.88% | 55.25 | 56.74 | 53.70 | 56.39 | 37,880,729 | 00:14:25 |
From May 2019 to May 2024
By Dave Sebastian
CVS Health Corp. raised its full-year guidance as it posted higher profit for the second quarter, partly benefiting from deferred elective procedures related to its insurance business amid Covid-19 shelter-in-place measures.
The pharmacy chain now expects earnings of $5.59 a share to $5.72 a share, or $7.14 a share to $7.27 a share on an adjusted basis. It previously expected earnings of $5.47 a share to $5.60 a share, or $7.04 a share to $7.17 a share on an adjusted basis.
It expects cash flow from operations of $11 billion to $11.5 billion for the year, up from $10.5 billion to $11 billion it had previously guided for.
CVS said it projects higher use in its health-care benefits segment for the rest of the year.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
August 05, 2020 07:11 ET (11:11 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year CVS Health Chart |
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