other material
confidence high
sentiment neutral
materiality 0.35
CVS Health reaffirms FY2023 GAAP EPS $6.90-$7.12 and Adj. EPS $8.50-$8.70
CVS HEALTH Corp
- Reaffirms full-year 2023 GAAP diluted EPS guidance range of $6.90 to $7.12.
- Reaffirms Adjusted EPS guidance range of $8.50 to $8.70 and cash flow from operations of $12.5B-$13.5B.
- Expects medical costs to remain in line with pricing; slightly >50% of earnings in H2 2023 with Q3 modestly higher than Q4.
- Guidance unchanged from prior announcement; no new financial results reported.