CVS Earnings Topped Expectations. Its Stock Is Dropping.

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https://www.barrons.com/articles/cvs-earnings-stock-51644409136

Updated Feb. 9, 2022 7:43 am ET / Original Feb. 9, 2022 7:19 am ET

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CVS Health stock was falling after reporting better-than-expected earnings Wednesday but confirming full-year guidance that appeared to disappoint.

The company reported revenue of $76.6 billion for the fourth-quarter ending in December, up 10.1% compared with the prior year, beating the FactSet consensus of $75.6 billion. Adjusted earnings per share were $1.98, which topped the FactSet consensus of $1.83.

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