CVS Health Lowers FY24 Outlook - Update

(RTTNews) - While reporting financial results for the fourth quarter on Wednesday, CVS Health (CVS) lowered its earnings and adjusted earnings guidance for the full-year 2024.

For fiscal 2024, the company now projects earnings of atleast $7.06 per share and adjusted earnings of atleast $8.30 per share.

Previously, the company expected earnings of atleast $7.26 per share and adjusted earnings of atleast $8.50 per share.

On average, 24 analysts polled by Thomson Reuters expect the company to report earnings of $8.50 per share for the year. Analysts' estimates typically exclude special items.

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