CVS Health Corporation (CVS) is scheduled to report its fourth-quarter and full-year results on February 7. Wall Street expects the healthcare major’s revenue and EPS to increase year-over-year. In this piece, I have discussed why it could be wise to wait for a better entry point in the stock despite the expected rise in revenue and earnings.
For the fourth quarter, CVS’ EPS is expected to increase 0.1% year-over-year to $1.99. Similarly, its revenue for the same quarter is expected to increase 7.9% year-over-year to $90.46 billion. The company has a solid earnings history, having beaten the consensus estimate in each of the trailing four quarters.
