CVS Health (CVS) Misses Q3 EPS by 46c, Beats on Revenue
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Go back to CVS Health (CVS) Misses Q3 EPS by 46c, Beats on Revenue
November 6, 2024 6:30 AM EST
Financial Highlights
Third quarter total revenues increased to $95.4 billion, up 6.3% compared to the prior yearThird quarter GAAP diluted EPS of $0.07 and Adjusted EPS of $1.09Third quarter GAAP diluted EPS and Adjusted EPS include charges to record premium deficiency reserves of approximately $1.1 billion ($0.63 per share) in the Health Care Benefits segmentGenerated year-to-date cash flow from operations of $7.2 billion
CEO Commentary
"Our integrated model accelerates our ability to uniquely do what is most... More
November 6, 2024 6:30 AM EST
Prem Shah named Group President, CVS Health; Steve Nelson named President, Aetna
WOONSOCKET, R.I., Nov. 6, 2024 /PRNewswire/ -- CVS Health (NYSE: CVS) today announced Prem Shah will be Group President, and will continue to report to David Joyner, President and Chief Executive Officer. In addition, the company announced the appointment of Steve Nelson as President, Aetna, and he will also report to Joyner. Both... More
