CVS Health: Q1 Earnings Insights

CVS Health 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.

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.

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.

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