Earnings Preview: CVS Health
Portfolio Pulse from Benzinga Insights
CVS Health (NYSE:CVS) is set to release its latest quarterly earnings report on November 1, 2023. Analysts estimate an earnings per share (EPS) of $2.13. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $68.01, down 29.27% over the last 52-week period.
October 31, 2023 | 2:01 pm
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CVS Health is expected to announce its Q3 earnings on November 1, 2023. Despite consistently beating EPS estimates, the company's share price has typically dropped following the announcement.
CVS Health has a history of beating EPS estimates but this has often been followed by a drop in share price. Given the company's recent stock performance, with shares down 29.27% over the last 52 weeks, investors may be bearish going into this earnings release.
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