Investing.com - CVS Health Corp (NYSE:CVS) reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CVS Health Corp announced earnings per share of $1.66 on revenue of $67.06B. Analysts polled by Investing.com anticipated EPS of $1.33 on revenue of $66.51B.
CVS Health Corp shares are down 17% from the beginning of the year and are trading at $61.41 , down-from-52-week-high.They are under-performing the S&P 500 which is up 8.66% from the start of the year.
CVS Health Corp follows other major Services sector earnings this month
CVS Health Corp's report follows an earnings beat by Amazon.com on October 29, who reported EPS of $12.37 on revenue of $96.15B, compared to forecasts EPS of $7.41 on revenue of $92.78B.
Alibaba ADR had beat expectations on Thursday with second quarter EPS of $18 on revenue of $155.06B, compared to forecast for EPS of $14.18 on revenue of $155.88B.
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