Analysts predicted earnings of $1.61 per share on $46.32 billion in revenue.
Shares, which are down about 17% in the past year, rose 2.3% to $66.95 in premarket trading Wednesday.
3, 2017, file photo shows a CVS Pharmacy in the Brooklyn borough of NY.
More notable recent CVS Health Corporation (NYSE:CVS) news were published by: Benzinga.com which released: "CVS Health Q2 Earnings Preview" on August 07, 2018, also Seekingalpha.com with their article: "CVS Is A Prescription For Profits" published on July 26, 2018, Nasdaq.com published: "Why Carl Icahn Is Long Cigna and Short Express Scripts" on August 08, 2018. Critics say those largely secretive agreements play a major role in keeping drug prices elevated, and regulators have talked about eliminating them.
"We're excited to be able to bring this innovative care option to patients", Troyen A. Brennan, MD, CVS Health's Executive Vice President and Chief Medical Officer, said in a press release.
Net loss attributable to CVS was $2.56 billion, or $2.52 per share, in the second quarter ended June 30. Forte Capital LLC ADV now owns 51,033 shares of the pharmacy operator's stock worth $3,284,000 after acquiring an additional 1,917 shares during the period. Revenue rose 2 percent to about $46.7 billion. Both figures beat expectations.
Sabates thinks France unfairly blamed for NASCAR's downturn
Brian France has retreated from the spotlight the last two years as NASCAR has struggled with attendance and television rankings. He knows the ins and outs of what's going on to this very minute in the sport, has been around the sport for a long time.
Excluding items, the company earned $1.69 per share, beating analysts' average estimate of $1.61, according to Thomson Reuters I/B/E/S. This is a drop from the pharmacy company's net income of $1.10 billion from the same time a year ago.
That charge and some costs tied to a pending $69 billion acquisition of the health insurer Aetna led to the quarterly loss.
CVS Health expects full-year earnings in the range of $6.98 to $7.08 per share.
A number of equities analysts have recently issued reports on CVS shares.
Some Historical CVS News: 06/03/2018 - CVS Health readies one of the largest corporate bond sales on record; 06/03/2018 - CVS Borrows $40 Billion for Aetna in Third-Largest Bond Sale; 24/05/2018 - Can CVS Health Buy BioPharmX Corporation?
MinuteClinic Video Visits rely on a virtual care technology platform by Teledoc to provide patients with customized service through the CVS Pharmacy app. Through its more than 9,800 retail locations, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with approximately 94 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, expanding specialty pharmacy services, and a leading stand-alone Medicare Part D prescription drug plan, the company enables people, businesses and communities to manage health in more affordable and effective ways.
Hurricane Hector was formed far out in the Pacific Ocean on 2 August with maximum sustained winds of 85 miles per hour (140 kph). A high surf warning has been issued for east shores of the Big Island in anticipation of the impacts of Hurricane Hector.
Another White House official confirmed that Manigault Newman brought Cohen into the White House and was later rebuked for it. She wrote that she worked to get a copy of it and that is why she was sacked from the White House.
The city just signed an interim operating agreement with Bird on July 31 to allow the company to do business in Kansas City. Riders can rent a scooter through an app on their smartphone and drop it off anywhere in the city when they are finished.
A new study from the University of Toledo has revealed how blue light from smart devices and screens is damaging our eyes. Instead, he said, it's just blue light, which "can kill any cell type". "It can kill any cell type".
Today, it has finally released its first product: The Magic Leap One, Creator Edition , the first "mixed-reality" headset. The device will cost $2,295, with an optional Professional Developer Package available for $495.
The Queen is Australia's head of state and is represented by Governor-General of Australia in Canberra, now Sir Peter Cosgrove. In 1999, a referendum found that Australians wanted to remain a constitutional monarchy with 54.87 per cent voting in favour.
The game is the second of a two-game series in which the Magic will also play the Chicago Bulls in the Arena Ciudad de Mexico. Chicago Bulls President and COO Michael Reinsdorf released a statement about today's news.
You can find both of the gameplay sections that were shown today for DOOM Eternal below courtesy of MKIceAndFire . As promised, id Software and Bethesda has revealed at QuakeCon 2018 the first gameplay footage for DOOM Eternal .
The first eclipse of 2018 was the super blue blood moon on January 31, but the first partial solar eclipse was on February 15. The eclipse will officially begin at 9.02am BST (8.02am UTC) when the moon first appears to make contact with the sun's disk.
The comet Swift-Tuttle orbits the sun once every 133 years, so every August, the Earth passes through the comet's debris field. The Perseids are best seen after 11 PM, away from city lights , and while looking at the northeastern sky.
Jolie was trying to restrict Pitt's interactions with the children, and the judge came down hard on her earlier this summer. Angelina Jolie would have been better off saying it was child support since a loan she will have to pay back - see below.
More than 3,000 doses remain in stock in the capital Kinshasa, allowing authorities to deploy them quickly to affected areas. Tarik Jasarevic from the World Health Organization explains why it is so hard to deal with the latest outbreak.
Isabela Moner Appears as Dora the Explorer in Film's 1st Pic
On Friday, Paramount Pictures released the first look at its live-action " Dora the Explorer " film, produced by Michael Bay . The image features Moner sporting Dora's classic hairdo, complete with the explorer's trademark pink shirt and orange shorts.
House of Fraser chain goes into administration
Later this morning, Sports Direct boss and Newcastle United owner, Mike Ashley , stepped in to buy the ailing department store. House of Fraser has gone into administration and been rescued at a knock-down price by the Sports Direct founder Mike Ashley .
Unai Emery: 'Danny Welbeck staying at Arsenal'
Ahead of them could be the exciting triumvirate of Mesut Ozil, Henrikh Mkhitaryan and Pierre-Emerick Aubameyang. Arsenal have received six red cards in Premier League opening weekend fixtures, more than any other side.
IKEA opens country’s first store in Hyderabad
IKEA will be opening 40 such stores in years to come in Navi Mumbai, Bengaluru, Ahmedabad, Surat, Pune, Chennai and Kolkata. Like the products, the food is also affordable with biryani priced at Rs 99 and chicken meat balls Rs 149.
Russian envoy calls on Imran Khan
However, no official notification confirming the swearing-in ceremony on August 18 has been issued as yet. Mr Khan had contested from five constituencies and had won from all of them.
Germany Lifts Ban On Nazis Imagery In Video Games
Now video games will be given the same treatment as movies: As works of art, they will be exempt from the ban on swastikas. All computer games sold on storage media in Germany have to be checked by the USK, which issues age ratings.