CVS Health Corp.  (CVS - Get Report) is expected to report quarterly earnings of $1.50 a share on sales of $60.4 billion before the market opens on Wednesday, May 1, based on a FactSet survey of 23 analysts.

In the same period a year ago, the company posted earnings of $1.48 a share on sales of $45.7 billion.

The stock has fallen 15.9% since the company last reported earnings on Feb. 20.

Quarterly estimates have fallen less than 1 cent a share in the past month.

CVS Health is currently trading at a price-to-forward-earnings ratio of 7.9 based on the 12-month estimates of 26 analysts surveyed by FactSet.

CVS Health is a holding in Jim Cramer's Action Alerts portfolio. Want to be alerted before Jim Cramer buys or sells CVS? Learn more now

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