Yahoo Finance published this video item, entitled “CVS Q3 earnings beat on top and bottom lines, but overshadowed by workers walkout” – below is their description.
CVS Health (CVS) reported positive results on both revenue and earnings, beating third quarter estimates. Meghan Fitzgerald, Columbia University Healthcare Policy Professor and founder and CEO of Grey Ghost Advisors joins Yahoo Finance Live to take a closer look at the numbers and the company’s future performance. Fitzgerald states that this is “not a surprise”, noting a “predictable record of beating estimates” due to expansion of services—including insurance and home healthcare. Fitzgerald sees the current strategy of the pharmacy is working, but does note the possibility of “modest outlook” for the rest of the year.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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