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Stock impact report

16 out of 24 health care companies beat topline numbers this week- Earnings scorecard [Seeking Alpha]

CVS Health Corporation (CVS) 
Last cvs health corporation earnings: 2/12 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.cvshealth.com
Company Research Source: Seeking Alpha
S&P 500 healthcare index ( XLV ) traded up 3.01%, trailing behind the broader S&P 500 sector's 6.17% gain YTD. The sector has been in the news with the weight loss saga and marijuana rescheduling making headlines, along with some big names in earnings this week. Out of the 24 companies, 5 companies missed profit estimates, while the rest were a beat. In terms of revenue, 8 companies missed revenue estimates, while the rest beat consensus. The following are the largest healthcare companies that reported earnings this week. Pfizer ( PFE shares moved higher on Wednesday after beating both profit and revenue estimates and raised FY earnings outlook amid plans to deliver $4B in cost savings this year. CVS Health ( CVS ) stock dropped on missing Q1 estimates as its Health Services segment underperformed, while also lowering FY profit outlook. On Thursday, Moderna ( MRNA beat Q1 consensus, even with a declining revenue number due to lower demand for its COVID-19 vaccine. Amgen Show less Read more
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