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CVS Well being raises 2021 earnings outlook, backs 2022 forecast


A buyer walks in direction of the doorway of a CVS Well being Corp. retailer in downtown Los Angeles, California, U.S., on Friday, Oct. 27, 2017.

Christopher Lee | Bloomberg | Getty Photographs

CVS Health stated Tuesday, forward of a presentation with traders, that it has raised its full-year earnings outlook.

It expects full 12 months 2021 earnings to be in a variety of $5.87 to $5.92 per share, up from earlier expectations of $5.50 to $5.61 per share. After changes, it expects to earn $8.33 to $8.38 per share, up from a previous forecast of a minimum of $8 per share.

CVS additionally reaffirmed its 2022 forecast, which requires earnings per share to be between $7.04 and $7.24, and between $8.10 and $8.30 per share, after changes.

Shares had been up about 1% in premarket buying and selling on the information.

This story is growing. Please examine again for updates.



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