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Sohini Mondal

What to Expect From CVS Health's Q2 2024 Earnings Report

CVS CVS Health

With a market cap of $73.6 billion, CVS Health Corporation (CVS) is a leading player in the healthcare sector, delivering a wide range of pharmacy and health services across the U.S. Based in Woonsocket, Rhode Island, the company is expected to announce its fiscal Q2 earnings results before the market opens on Wednesday, Aug. 7.

Ahead of the event, analysts expect CVS Health to report a profit of $1.74 per share, down 21.3% from $2.21 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in three of the past four quarters while missing on one other occasion. In Q1, the company reported an EPS of $1.31, missing the consensus estimates by a 22.5% margin. 

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