By Chris Wack

 

CVS Health Corp. said in a filing Tuesday that it is backing its previous forecasts for adjusted earnings per share and cash flow from operations for 2022.

The company in August said it was raising its adjusted EPS guidance to $8.40 to $8.60, from its previous guidance of $8.20 to $8.40.

CVS also said it expects to cash flow from operations for the year to be $12.5 billion to $13.5 billion.

Analysts polled by FactSet are looking for adjusted EPS of $8.55, and cash flow from operations of $12.835 billion.

CVS shares closed up 1% on Monday, and are up 13% in the past three months.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

September 13, 2022 07:18 ET (11:18 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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