WOONSOCKET, R.I. (AP) — WOONSOCKET, R.I. (AP) — CVS Health Corporation (CVS) on Thursday reported second-quarter net income of $1.02 billion.
On a per-share basis, the Woonsocket, Rhode Island-based company said it had profit of 80 cents. Earnings, adjusted for one-time gains and costs, came to $1.81 per share.
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.47 per share.
The drugstore chain and pharmacy benefits manager posted revenue of $98.92 billion in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $93.72 billion.
CVS Health expects full-year earnings in the range of $6.30 to $6.40 per share.
_____
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
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
