Nov 05, 2009 (SmarTrend(R) News Watch via COMTEX) ----11/5/2009-CVS Caremark (NYSE:CVS) reported Q3 EPS of 65 cents, ex-items, topping consensus estimates by a penny.

Revenues in the quarter rose 17.7% year-over-year to $24.6 billion, inline with consensus estimates.

Dave Rickard, Executive Vice President, Chief Financial Officer, and Chief Administrative Officer, said, "Given our continued strong performance year to date, we are narrowing our earnings guidance range for 2009.

We expect to deliver adjusted earnings per share from continuing operations, excluding the effect of the tax benefit, of $2.61 to $2.64, up from our previous guidance of $2.59 to $2.64." Analysts, on average, are projecting full-year 2009 EPS of $2.62.

Write to Chip Brian at cbrian@tradethetrend.com

---------------------------------------------------------------------------------------------

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html

Copyright, Comtex News Network, Inc. 2009
   
   **********************************************************************
   
   As of Sunday, 11-01-2009 23:59, the latest Comtex SmarTrend� Alert, 
   an automated pattern recognition system, indicated an UPTREND on 
   10-14-2009 for CVS @ $37.21.
   
   For more information on SmarTrend, contact your market data
   provider or go to www.mysmartrend.com
   
   SmarTrend is a registered trademark of Comtex News Network, Inc.
   Copyright � 2004-2009 Comtex News Network, Inc. All rights reserved.