CVS Health (CVS) Misses Q1 Earnings and Revenue Estimates

CVS Health (CVS) came out with quarterly earnings of $1.31 per share, missing the Zacks Consensus Estimate of$ 1.69 per share. This compares to earnings of $2.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -22.49%. A quarter ago, it was expected that this drugstore chain and pharmacy benefits manager would post earnings of$ 2.01 per share when it actually produced earnings of $2.12, delivering a surprise of 5.47%.Over the ...