Market Overview

UPDATE: CVS Caremark Posts Higher Q4 Earnings

Share:
Related CVS
Risk Indicators Still Negative, Tread Lightly
Brian Sozzi Wonders: Should CVS Health Scoop Up Divested Family Dollar/Dollar Tree Stores?
My Dividend Portfolio: 2014 Year In Review (Seeking Alpha)

CVS Caremark (NYSE: CVS) reported a rise in its fourth-quarter earnings.

CVS Caremark's quarterly profit climbed to $1.13 billion, or $0.90 per share, from $1.1 billion, or $0.81 per share, in the year-ago period. Excluding one-time items, its adjusted earnings from continuing operations came in at $1.14 per share.

Its revenue rose 11% to $31.39 billion. However, analysts were expecting earnings of $1.10 per share on revenue of $31.13 billion.

CVS Caremark shares gained 1.80% to $52.65 in pre-market trading.

Posted-In: profitEarnings News

 

Related Articles (CVS)

Around the Web, We're Loving...

Get Benzinga's Newsletters