Investing.com - CVS Health Corp (NYSE:CVS) reported first quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.62 on revenue of $61.65B. Analysts polled by Investing.com expected EPS of $1.5 on revenue of $60.46B. That compared to EPS of $1.48 on revenue of $45.69B in the same period a year earlier. The company had reported EPS of $2.14 on revenue of $54.42B in the previous quarter.
For the year, CVS Health Corp shares are down 17%, under-performing the S&P 500 which is up 18.93% year to date.
CVS Health Corp follows other major Healthcare sector earnings this month
On Tuesday, April 16, 2019, J&J reported first quarter EPS of $2.1 on revenue of $20.02B, compared to forecasts of EPS of $2.04 on revenue of $19.61B.
Pfizer earnings beat analyst's expectations on Tuesday, with first quarter EPS of $0.85 on revenue of $13.12B. Investing.com analysts expected EPS of $0.75 on revenue of $13B
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