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 $2.4 on revenue of $80.64B. Analysts polled by Investing.com anticipated EPS of $2.18 on revenue of $76.4B.
CVS Health Corp shares are down 7% from the beginning of the year and are trading at $95.37 , down-from-52-week-high.They are outperforming the S&P 500 which is down 14.16% from the start of the year.
CVS Health Corp follows other major Healthcare sector earnings this month
CVS Health Corp's report follows an earnings beat by UnitedHealth on Friday, July 15, 2022, who reported EPS of $5.57 on revenue of $80.33B, compared to forecasts EPS of $5.21 on revenue of $79.68B.
J&J had beat expectations on Tuesday, July 19, 2022 with second quarter EPS of $2.59 on revenue of $24.02B, compared to forecast for EPS of $2.54 on revenue of $23.77B.
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