CVS Health (NYSE:CVS) reported its Q1 earnings results on Wednesday, May 3, 2023 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
CVS Health beat estimated earnings by 5.26%, reporting an EPS of $2.2 versus an estimate of $2.09.
Revenue was up $8.45 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 1.25% increase in the share price the next day.
Here’s a look at CVS Health’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.92 | 1.99 | 2.17 | 2.15 |
| EPS Actual | 1.99 | 2.09 | 2.40 | 2.22 |
| Revenue Estimate | 76.21B | 76.75B | 76.37B | 75.39B |
| Revenue Actual | 83.85B | 81.16B | 80.64B | 76.83B |
To track all earnings releases for CVS Health visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
