CVS Posts Strong Q4, Full-Year Earnings
It's so far, so good for the CVS Health (NYSE: CVS) acquisition of Aetna. That move was part of a broader effort by the company to put its focus squarely on health.
Total fourth-quarter revenue came in at $66.9, a 22.9% increase over the previous year while Q4 earnings per share were $1.73. Full-year revenue was up 32% at $256.8 billion while EPS was $7.08 and the company paid off $4.7 billion in long-term debt.
"As we work to transform the way healthcare is delivered to millions of Americans, we are driving continued business performance and generating positive momentum across the enterprise," said CEO Larry Merlo in a press release.
Source Fool.com