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CVS Health shares fall after lower-than-expected revenue
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CVS reported a loss of $419.0 million, or 37 cents per share, after net income of $3.3 billion, or $3.22 per share, the previous year. The loss includes a $2.2 billion goodwill impairment related to the long-term care business, which faced challenges including lower occupancy rates at skilled nursing facilities and the bankruptcies caused by the failing health of customers at these facilities. Adjusted EPS was $2.14, ahead of the $2.09 per share FactSet consensus. Revenue of $54.4 billion was up from $48.4 billion last year but missed the $54.6 billion FactSet expectation. Pharmacy services revenue of $34.9 million also missed FactSet's consensus for $46.4 billion, and the retail and long-term care segment revenue totaling $22.0 billion was below the FactSet expectation for $28.8 billion.
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https://www.marketwatch.com/story/cvs-he...yptr=yahoo
CVS runde 8% im minus...
![[Bild: CVSc1dl1427.png]](https://finviz.com/publish/022019/CVSc1dl1427.png)
CVS Health shares fall after lower-than-expected revenue
...
CVS reported a loss of $419.0 million, or 37 cents per share, after net income of $3.3 billion, or $3.22 per share, the previous year. The loss includes a $2.2 billion goodwill impairment related to the long-term care business, which faced challenges including lower occupancy rates at skilled nursing facilities and the bankruptcies caused by the failing health of customers at these facilities. Adjusted EPS was $2.14, ahead of the $2.09 per share FactSet consensus. Revenue of $54.4 billion was up from $48.4 billion last year but missed the $54.6 billion FactSet expectation. Pharmacy services revenue of $34.9 million also missed FactSet's consensus for $46.4 billion, and the retail and long-term care segment revenue totaling $22.0 billion was below the FactSet expectation for $28.8 billion.
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https://www.marketwatch.com/story/cvs-he...yptr=yahoo
CVS runde 8% im minus...
