WOONSOCKET, R.I. (AP) — WOONSOCKET, R.I. (AP) — CVS Health Corporation (CVS) on Wednesday reported third-quarter earnings of $87 million.
On a per-share basis, the Woonsocket, Rhode Island-based company said it had profit of 7 cents. Earnings, adjusted for one-time gains and costs, were $1.09 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.
The drugstore chain and pharmacy benefits manager posted revenue of $95.43 billion in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $92.87 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVS at https://www.zacks.com/ap/CVS
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