Market Overview

UPDATE: CVS Caremark Posts Higher Q3 Profit, Lifts 2012 Forecast

Share:
Related CVS
The Difference Between Mylan's EpiPen And Generic Offerings
Will Walgreens Start The New Year Off Strong?
Hills Bank & Trust Co Buys CVS Health Corp, Alliance Data Systems Corp, Twenty-First ... (GuruFocus)

CVS Caremark (NYSE: CVS) posted a rise in its third-quarter profit and lifted its forecast for the year.

CVS Caremark's quarterly earnings surged to $1.01 billion, or $0.79 per share, from $868 million, or $0.65 per share, in the year-ago period.

CVS now projects adjusted earnings of $3.38 to $3.41 per share for this year, versus its earlier view of $3.32 to $3.38 per share.

CVS Caremark shares closed at $46.63 yesterday.

Posted-In: profitEarnings News Guidance

 

Related Articles (CVS)

View Comments and Join the Discussion!