February 12, 2020 / 11:57 AM / 2 months ago

CVS Health posts fourth-quarter profit

Feb 12 (Reuters) - CVS Health Corp on Wednesday reported a quarterly profit compared with a year-ago loss, which included a $2.2 billion charge, with the latest quarter benefiting from its Aetna health insurance business.

In the fourth quarter, total revenue rose 22.9% to $66.89 billion.

Net income attributable to CVS came in at $1.75 billion, or $1.33 per share, in the fourth quarter ended Dec. 31, compared with a loss of $419 million, or 37 cents per share, a year ago. (Reporting by Manas Mishra in Bengaluru Editing by Saumyadeb Chakrabarty)

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