HALISTER: CVS Health Raises 2016 View; 2Q EPS Beats, Revenue Misses Est.

CVS Health Raises 2016 View; 2Q EPS Beats, Revenue Misses Est.

(Bloomberg) -- CVS sees 2016 adj EPS $5.81-$5.89, saw $5.73-$5.88 (May 3), est. $5.82.
  • Sees 2016 FCF $6.3b-$6.6b, saw $5.3b-$5.6b
  • Sees 3Q adj. EPS $1.55-$1.58, est. $1.55 (range $1.46-$1.65)
  • 2Q adj. EPS $1.32, saw $1.28-$1.31, est. $1.30
  • 2Q rev. $43.7b, est. $44.28b
  • Sees 2017 shaping up to be another very successful PBM selling season, with substantial gross and net new business to date
  • Call 8:30am http://investors.cvshealth.com; preview
Statement
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
CVS US (CVS Health Corp)

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