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GoLocalProv | Business | CVS Stock Gets Hammered, Falls 16% — Full-Year Profit Target Slashed
GoLocalProv· 5 days agoCVS CEO Karen Lynch PHOTO: Company It was a brutal day for Woonsocket-based CVS. “As we close the...
CVS stock plunges after earnings numbers one analyst 'did not even believe'
Yahoo Finance via AOL· 4 days agoCustomers walk to a CVS Pharmacy, Friday, Nov 4, 2022, in Boston. (Michael Dwyer/AP Photo)...
Earnings call: CVS Health faces challenges, revises 2024 EPS guidance By Investing.com
Investing.com· 4 days agoCVS Health Corporation (NYSE:CVS) reported mixed results in its Q1 2024 Earnings Conference Call,...
CVS posts big earnings miss, cuts profit outlook on higher medical costs
CNBC· 5 days agoCVS Health on Wednesday reported first-quarter revenue and adjusted earnings that missed expectations and slashed its full-year profit outlook, citing higher medical costs ...
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 5 days agoAnalysts were reconsidering their outlook for CVS shares. In a second note at midday, Cherny...
CVS Q1 Earnings Take A Hit From Insurance Venture
PYMNTS.com· 4 days agoBy the numbers, CVS Health reported first-quarter revenues of approximately $88 billion, marking a 4% increase year-over-year. Increased utilization...
CVS Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 4 days agoThe company lost $14.3 billion in market cap, falling to $70.7 billion. The results will put pressure on CVS Chief Executive Karen Lynch, who has...
CVS slashes 2024 outlook — again — as Medicare seniors drive spending
Healthcare Dive via Yahoo Finance· 5 days agoRunaway inpatient spending in particular caused CVS’ insurance costs to snowball after returning “to...
CVS acquires Medicare Advantage broker Hella Health
Healthcare Dive via Yahoo Finance· 5 days agoThe acquisition will add Hella’s range of insurance offerings and digital capabilities for seniors to CVS’ technology platform, according to CEO Rafal...
CVS stock crashes after Aetna Medicare Advantage hit
TheStreet via Yahoo Finance· 5 days agoHealth-care-benefits revenue was up 20% to $32.24 billion. Longer-term concerns for the group's profit margins...inflation. “The current environment does...
