CVS Tops 3Q Profit Forecasts, Shrinks 2017 Expectations

WOONSOCKET, R.I. (AP) — CVS Health edged Wall Street third-quarter earnings expectations, but slumping sales from established stores helped chop the drugstore chain’s profit more than 16 percent.
The company also narrowed its forecast for 2017 earnings.
CVS Health Corp. said Monday that it now expects annual adjusted earnings of $5.87 to $5.91 per share, a forecast that counts charges due to hurricanes. That’s down from a forecast of $5.83 to $5.93 that it made in August.
Analy