CVS Health: Q4 Earnings Insights

CVS Health CVS reported its Q4 earnings results on Wednesday, February 9, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

CVS Health beat estimated earnings by 8.2%, reporting an EPS of $1.98 versus an estimate of $1.83.

Revenue was up $7.05 billion from the same period last year.

Last quarter the company beat on EPS by $0.19, which was followed by a 1.92% drop in the share price the next day.

Here's a look at CVS Health's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	1.78	2.06	1.71	1.24
EPS Actual	1.97	2.42	2.04	1.30
Revenue Estimate	70.49B	70.11B	68.39B	68.75B
Revenue Actual	73.79B	72.62B	69.10B	69.55B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

CVS Health management provided guidance for their next quarter, expecting earnings between $8.1 and $8.3 per share for the next quarter.

This represents a 314.14% in quarter-over-quarter growth for CVS Health, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.