CVS Health Results Beat on Demand for COVID-19 Vaccines, Tests

CVS Health Results Beat on Demand for COVID-19 Vaccines, Tests
People walk by a CVS pharmacy store in New York on Nov. 17, 2021. Andrew Kelly/Reuters
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CVS Health Corp. reported quarterly results on Wednesday that beat analysts’ estimates on higher demand for COVID-19 tests and vaccinations due to the Omicron variant, while the drugstore operator also reaffirmed its annual earnings forecast.

The company administered over 8 million COVID-19 tests and more than 20 million COVID-19 vaccines across the United States during the quarter.