CVS Health Revised 2024 Adjusted EPS Guidance To At Least $8.30 From At Least $8.50 Expected Earlier Versus Consensus Of $8.47
Portfolio Pulse from Benzinga Newsdesk
CVS Health has revised its 2024 adjusted EPS guidance downwards to at least $8.30 from the previously expected $8.50, which is below the consensus expectation of $8.47.
February 07, 2024 | 11:38 am
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CVS Health has lowered its 2024 adjusted EPS forecast to at least $8.30, previously set at $8.50, underperforming against the consensus of $8.47.
The downward revision of CVS Health's 2024 adjusted EPS guidance suggests potential challenges in achieving previously set financial targets, which could negatively impact investor sentiment and the stock price in the short term. The adjustment being below market consensus further amplifies concerns regarding CVS's future profitability and operational efficiency.
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