CVS Health's Mixed Q1 Results: Beats Earnings Expectations but Lowers Profit Outlook.
TL;DR Summary
CVS Health reported higher revenue in Q1 but downgraded its earnings projection for the year due to the impact of its recent acquisitions, including the $70 billion takeover of Aetna in 2018. The company, which owns one of the country's biggest health insurers and a national network of retail pharmacies, is investing billions into primary-care practices as it takes on a bigger role in treating patients.
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- CVS beats Q1 expectations, cuts outlook after buying spree Yahoo Finance
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