Birdwatch Note Rating
2023-12-03 13:23:25 UTC - HELPFUL
Rated by Participant: 537469D515C12F997709E8251E530DB8C60C7B24C7FD4E82F27A9CD0B4D1BD17
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