Why CVS Health Stock Jumped Today
Shares of CVS Health (NYSE: CVS) were jumping 6.2% higher as of 3:50 p.m. EST on Friday. The gain came after the healthcare company reported better-than-expected third-quarter results before the market opened.
CVS announced Q3 revenue of $67.1 billion, up 3.5% year over year. This topped the consensus Wall Street revenue estimate of $66.7 billion. The company reported adjusted earnings per share of $1.66, handily beating the average analysts' estimate of $1.33.
Image source: CVS Health.
Source Fool.com
