CVS Health reports 40% profit jump in Q1 on pandemic purchasing

CVS HEALTH reported a 40% rise year over year in profit, which it largely attributed to an increase in purchases of items related to the COVID-19 pandemic. / AP FILE PHOTO/DAVID J. PHILLIP
WOONSOCKET – CVS Health Corp. made a profit of $2 billion in the first quarter, a 40.1% increase year over year, the company reported on Wednesday. Earnings per share were $1.53, compared with $1.09 one year prior. Revenue increased 8.3% year over year to $66.8 billion. The company said revenue in its retail and pharmacy…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

If you have already logged in and are still seeing this message, please refresh the page as your browser is caching the old content.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

No posts to display