CVS raises annual forecast after strong quarter
May 4, 2022
CVS said that COVID-19 vaccines and testing helped boost its pharmacy business. The company posted earnings per share of $2.22, better than the $2.17 expected by Wall Street. The company raised its forecast for the year to earnings between $8.20 and $8.40 per share. The Wall Street consensus is $8.26.
Recent News
Study Finds That Chemicals Inside Cars Can Cause Cancer
Flame retardants are added to vehicle interiors, but contain disease-causing agents.
Amazon Beauty’s Summer Beauty Haul Returns
As the summer approaches, Amazon Beauty is rolling out its much-anticipated Summer Beauty Haul.
Popular Sriracha Sauce to Cut Production This Summer
The popular condiment may be tougher to find than ever.
Cyberattack Disrupts Ascension Healthcare, Ambulances Diverted
A significant cyberattack has struck the core of the U.S. healthcare system, sending shockwaves through Ascension, a nonprofit network encompassing 140 hospitals across 19 states.