CVS earnings 11/06 at 6:30am

CVS earnings 11/06 at 6:30am
Target $65
3rd Quarter 2020
Consensus: $1.34 eps
Revenue: $66.54 Billion

CVS fundamentals are impeccable: book value = $110B vs $75B = market cap, P/E 9, $15B cash on hand. CVS is the largest pharmacy in the US. 70% percent of the US population lives within three minutes of a CVS store. CVS fair value is $92 updated on October 2nd by Morningstar.

Kommentera:

CVS (CVS) reported 3rd Quarter September 2020 earnings of $1.66 per share. The consensus earnings estimate was $1.34 per share on revenue of $66.5 billion.
The company said it now expects 2020 earnings of $7.35 to $7.45 per share. The company's previous guidance was earnings of $7.14 to $7.27 per share and the current consensus earnings estimate is $7.23 per share for the year ending December 31, 2020.

Kommentera:

Pop pop popcorn!!!