CVS Caremark Earnings Preview: Can This Streak Continue?

Cvs Caremark (NYSE:CVS) will report earnings before markets open on Wednesday, May 1st. CVS Caremark Corporation is an integrated pharmacy health care provider. The Company’s offerings include pharmacy benefit management services; mail order, retail and specialty pharmacy; disease management programs; and retail clinics. The company operates drugstores throughout the U.S., the District of Columbia, and Puerto Rico.

Here is your Cheat Sheet to Cvs Caremark Earnings:

Earnings Expectations: Analysts expect earnings of $0.79 per share on revenues of $30.35 billion. Currently, the company’s P/E ratio stands at 19.03.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.94 to a profit $0.93. For the current year, the average estimate is a profit of $3.97, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Cvs Caremark has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 87,470 0.00 95,780 107,100 123,130
Diluted EPS ($) 2.18 2.49 2.57 3.03

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 28,320 30,800 30,710 30,230 31,390
Diluted EPS ($) 0.8061 0.59 0.75 0.79 0.9032

Past Performance:
Cvs Caremark has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]