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CVS Health cuts FY24 adjusted EPS view to $6.40-$6.65 from at least $7.00

CVS Health cuts FY24 adjusted EPS view to $6.40-$6.65 from at least $7.00

Consensus $6.97. Cuts FY24 cash flow view to $9B from at least $10.5B. The company said, “The Company revised its full-year 2024 GAAP diluted EPS, Adjusted EPS and cash flow from operations guidance to reflect continued pressure in the Health Care Benefits segment, partially offset by strong performance in the Health Services and Pharmacy & Consumer Wellness segments.”

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