Significant Expansion of CVS Health Corporation (NYSE:CVS) HealthHUBs® strategy will Help Drive Differentiated, Consumer-Centric Health Experience; 1,500 Expected to Open by End of 2021
Strong Execution on Aetna Integration Projected to Drive Approximately $300 – $350 Million of Synergies in 2019; Synergies of Approximately $800 Million Projected in 2020
Reaffirming 2019 Full Year Guidance; Consolidated Revenues $251.2 to $254.4 Billion, GAAP Operating Income $11.8 to $12.0 Billion, Adjusted Operating Income $15.0 to $15.2 Billion, GAAP diluted EPS $4.90 to $5.05, Adjusted EPS $6.75 to $6.90
Expect to Deliver $7.00+ Adjusted EPS in 2020, Mid-Single Digit Percent Adjusted EPS Growth in 2021, and Low-Double Digit Percent Adjusted EPS Growth in 2022 and Beyond
HeffX-LTN’s overall technical outlook for CVS is Neutral to Bearish in here.