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CVS Caremark (CVS): Q2 EPS of $0.81 beats by $0.02. Revenue of $30.7B misses by $270M. 

CVS Caremark (CVS): Q2 EPS of $0.81 beats by $0.02. Revenue of $30.7B misses by $270M
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Comments (5)
  • dunnhaupt
    , contributor
    Comments (911) | Send Message
     
    Double-digit earnings increase plus double-digit revenue increase, plus excellent future outlook, and the stock price goes down??
    7 Aug 2012, 11:19 AM Reply Like
  • Minutemen
    , contributor
    Comments (1607) | Send Message
     
    It is rather odd isn't it.
    7 Aug 2012, 02:04 PM Reply Like
  • hohokham
    , contributor
    Comments (13) | Send Message
     
    I can't believe it either!
    What's going on??
    I have seen a stock price shoot up almost $1. just because a totally fabricated favorable Article was written about it.
    7 Aug 2012, 11:53 PM Reply Like
  • Minutemen
    , contributor
    Comments (1607) | Send Message
     
    According to Barron's, the drop in price is due to unwarranted concerns about future earnings.

     

    http://on.barrons.com/...
    8 Aug 2012, 08:31 AM Reply Like
  • dunnhaupt
    , contributor
    Comments (911) | Send Message
     
    I know there was concern about that Walmart-Express Scripts deal, but that has already been discounted in the future earnings report. I am using this as buying opportunity.
    8 Aug 2012, 09:12 AM Reply Like
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