Investing.com - CVS Health Corp (NYSE:CVS) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CVS Health Corp announced earnings per share of $2.22 on revenue of $76.83B. Analysts polled by Investing.com anticipated EPS of $2.16 on revenue of $75.54B.
CVS Health Corp shares are down 6% from the beginning of the year, still down 13.73% from its 52 week high of $111.25 set on February 8. They are outperforming the S&P 500 which is down 12.39% 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 J&J on April 19, who reported EPS of $2.67 on revenue of $23.43B, compared to forecasts EPS of $2.59 on revenue of $23.62B.
UnitedHealth had beat expectations on April 14 with first quarter EPS of $5.49 on revenue of $80.15B, compared to forecast for EPS of $5.36 on revenue of $78.73B.
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