CVS Caremark Expected to Post Higher Q4 Profit

Filed under: Earnings Reports, Forecasts, CVS Corp (CVS)

CVS Caremark Corp. (CVS), the largest retail pharmacy chain in the U.S., is scheduled to discuss its fourth-quarter financial results in a conference call Monday, Feb. 8, at 8:30 AM (ET). An audio webcast of the call will be available at the company's website.

During the three months that ended in December, CVS announced share buybacks, named a new head of HR and provided H1N1 flu shots nationwide. Analysts surveyed by Thomson Reuters are looking for earnings for that period of $0.78 per share. That compares with $0.65 per share in the previous quarter and $0.70 per share a year ago. Revenue for the fourth quarter is expected to be 8.6% higher than a year ago to $26.2 billion.

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CVS Caremark Expected to Post Higher Q4 Profit originally appeared on BloggingStocks on Sun, 07 Feb 2010 15:40:00 EST. Please see our terms for use of feeds.

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