Birdwatch Note Rating
2023-12-03 15:38:02 UTC - HELPFUL
Rated by Participant: 07A388FD2F6373B23EE7F1D70BBCA931C29CA9A6BEBD454D59977628C811987A
Participant Details
Original Note:
CVS Health gross profit for the quarter ending September 30, 2023 was $135.076B, but operating income was under $14 billion. https://www.macrotrends.net/stocks/charts/CVS/cvs-health/gross-profit#:~:text=CVS%20Health%20gross%20profit%20for%20the%20twelve%20months%20ending%20September,a%207.97%25%20increase%20from%202021. Gross profit should not be confused with operating profit. Operating profit is calculated by subtracting operating expenses from gross profit. https://www.investopedia.com/terms/g/grossprofit.asp
All Note Details