CSIMarket
Company Name or Ticker Symbol
Search for other Categories
 
     
Cvs Health Corporation  (CVS)
Other Ticker:  
 
    Sector  Retail    Industry Pharmacy Services & Retail Drugstore
 
 

EARNINGS REPORT by CSIMarket

Despite Strong PBM Mail choice segment, EPS fell


decrease font size NEWS BETA Increase font size

Cvs Health Corporation announced second quarter 2016 operating income of $2350 millions and cut it's earnings guidance



Company's earnings deteriorated despite Sales growth in the second quarter 2016, income fell by -23.21 % to $0.86 per share, while Sales increased in double digits by 17.64 % to $43.73 billions, from the same quarter a year ago.

Profits fell from the preceding quarter from $1.04 per share, Sales increased by 1.18 % from $43.22 billions.

Profits improved in following segments: Retail Pharmacy 7.6%, PBM 6.9%. Net income of $924.00 millions in the second quarter 2016 fell by -27.36 % from $1,272.00 millions in the corresponding period a year before. Cvs Health Corporation shifted it's focus on improving sales in the second quarter 2016, as a result net margin eased to 2.11%. Cvs Health Corporation cut it's annual earnings per share forecast by $ -0.15, now company expects eps from $4.69 to $4.73.

Analysing further company's results, an astounding rise of 269.57% in Mail choice claims processed to 76.50 millions explains the second quarter 2016 performance.
Continuing with Cvs Health Corporation's second quarter 2016 report, company pointed out increase in: Retail drugstores operated 7,981.00 up 3.99 %.
While following 6 indicators decreased catastrofaly: Pharmacy network claims processed -59.69 %, Pharmacy claims processed -30.09 %, Avg. Rev. Per Mail choice claim -67.29 %. Worst was: Avg. Rev. Per Mail choice claim.

Cvs Health Corporation is expected to report next financial results on January 31, 2017.
Stocks
Economy
Industries
Other CVS's Earnings Reports

Cvs Health reported first quarter 2016 earnings

Cvs Health reported forth quarter 2015 earnings

Cvs Health reported third quarter 2015 earnings

Economy

Advance Monthly Sales
Consumer Price Index CPI
Producer Price Index PPI
Retail Inventories
Personal Income
Gross Domestic Product GDP
Money Supply
Industrial Production
Productivity
Employment Situation
US International Trade
Factory Orders
Durable Goods
Construction Spending
Housing Starts
Vehicle Unit Sales
Stocks

Event Calendar
AMAR's Profile
Stock Price
AMAR's Financials
AMAR's Expectations
Business Description
Fundamentals
Charts & Quotes
AMAR's News
Suppliers
AMAR's Competitors
Customers & Markets
Economic Indicators
AMAR's Growth
Company Segments
Industries

At a Glance
Performance
Growth Rates
Profitability
Valuation
Financial Strength
Markets

At a Glance
Stocks
Indices
Sectors & Industries
Financials
Commodities
Currencies
Screening

Stock Performance
Growth Rates
Profitability
Valuation
Dividend
Financial Strength
Efficiency
Expectations
Management Effectivness
News

At a Glance
Stocks
Economy
Industries
Other
Glossary

Financial Terms
Technical Analysis
Fundamental Analysis
Energy Terms
Manufacturing Terms
Transportation Terms
Health Care
Insurance Terms
Economy Terms
Hotel & Leisure Terms
Help

Sitemap
Advertise
About us
CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.  Free Stock Market News Feeds
   Copyright © 2017 CSIMarket, Inc. All rights reserved. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)
Intraday Data provided by Barchart and subject to terms of use. To view Intraday Stock Data Java must be installed. Java content may be prohibited by the security software, to see the stock quotes, choose "allow content from this page" option. Stock Price, historical and current end-of-day data provided by eoddata. Intraday data delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Barchart and Eoddata. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com