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Benzinga
Benzinga
Business
Henry Khederian

Why CVS Health Shares Are Rising

CVS Health CVS Health Corp NYSE

CVS Health Corp (NYSE:CVS) shares are trading higher by 3.97% at $99.79 after the company reported better-than-expected first-quarter EPS and sales results. The company also raised its FY22 EPS guidance.

CVS Health reported quarterly earnings of $2.22 per share which beat the analyst consensus estimate of $2.15. The company also reported quarterly sales of $76.83 billion which beat the analyst consensus estimate of $75.39 billion by 2%.

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