CVS Health Reports Strong First Quarter Results

CVS Health Reports Strong First Quarter Results

March 31, Three Months Ended In millions, except per share amounts

_____________________________________________The Company presents both GAAP and non-GAAP financial measures in this press release to assist in the comparison of the Company’s past financial performance with its current financial performance. See “Non-GAAP Financial Information” beginning on page 11 and endnotes beginning on page 21 for explanations of non-GAAP financial measures presented in this press release. See pages 12, 13 and 20 for reconciliations of each non-GAAP financial measure used in this release to the most directly comparable GAAP financial measure. “We delivered strong first quarter results and improved our outlook for the year,” said CVS Health President and CEO Karen S. Lynch. “We continue to execute on our strategy while simultaneously managing through a pandemic, helping the country on the road to recovery. Our unmatched assets and strength of our brand are driving results as we work toward improving care delivery and driving growth.”

Consolidated First Quarter Results Raised GAAP diluted EPS guidance range to $6.24 to $6.36 from $6.06 to $6.22
Raised Adjusted EPS guidance range to $7.56 to $7.68 from $7.39 to $7.55
Confirmed cash flow from operations guidance range of $12.0 billion to $12.5 billion

Total revenues  $ Change

2020 2021

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