earnings
confidence high
sentiment positive
materiality 0.75
CVS Health Q4 revenue $83.8B, adjusted EPS $1.99; guides FY23 adj EPS $8.70-$8.90
CVS HEALTH Corp
2022-FY EPS reported
$3.14
revenue$322,467,000,000
- Q4 revenue $83.8B (+9.5% YoY); GAAP diluted EPS $1.75 vs $0.98; adjusted EPS $1.99.
- FY2022 revenue $322.5B (+10.4%); GAAP diluted EPS $3.14; adjusted EPS $8.69.
- FY2023 guidance: GAAP EPS $7.73-$7.93, adjusted EPS $8.70-$8.90, cash flow $12.5B-$13.5B.
- Quarterly dividend increased 10% effective Feb 1, 2023; new $10B share repurchase program authorized.
- Agreement to acquire Signify Health, a leader in home health risk assessments and value-based care.