Revenue segments as reported by the company.

Products

Premiums

Services

Net investment income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Benefit costs

Operating expenses

Goodwill impairment

Store impairments

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Loss on assets held for sale

Restructuring charge

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

CVS Health

Aetna is an American managed health care company, which sells traditional and consumer directed health care insurance plans and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans. Aetna is a member of the Fortune 500.

Aetna

CVS Pharmacy is a subsidiary of the American retail and health care company CVS Health, headquartered in Woonsocket, Rhode Island. It was also known as, and originally named the Consumer Value Store and was founded in Lowell, Massachusetts, in 1963. The chain was owned by its original holding company Melville Corporation since its inception until its current parent company CVS Health was spun off into its own company in 1996. CVS Pharmacy is currently the largest pharmacy chain in the United States by number of locations (over 9,600 as of 2016) and total prescription revenue. As the retail pharmacy division of CVS Health, it ranks as the 7th largest U.S. corporation according to Fortune 500 in 2016. CVS Pharmacy's leading competitor Walgreens Boots Alliance ranked 37th.

CVS Pharmacy

CVS Health Corp. is a health solutions company, which engages in the provision of healthcare services. It operates through the following segments: Health Care Benefits, Health Services, Pharmacy and Consumer Wellness, and Corporate and Other. The Health Care Benefits segment operates as a health care benefits provider. The Health Services segment offers a full range of PBM solutions, delivers health care services in its medical clinics, virtually, and in the home. The Pharmacy & Consumer Wellness segment dispenses prescriptions in its retail pharmacies and through its infusion operations. The Corporate and Other Segment is involved in management and administrative expenses. The company was founded by Stanley P. Goldstein and Ralph Hoagland in 1963 and is headquartered in Woonsocket, RI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

CVS Health exceeds Q4 expectations, eyes growth with Oak Street

CVS Health's strong financial performance in 2022, driven by revenue growth and exceeding EPS expectations, positions the company well for future growth.
The acquisition of Oak Street Health presents opportunities to expand into primary care and improve long-term earnings growth, despite challenges in maintaining retail performance.

CVS Health excels in Q1, eyes growth through acquisitions and innovation

CVS Health's strong financial performance, strategic acquisitions, and customer-centric initiatives position the company for sustained growth and competitive advantage.
While facing challenges in the evolving healthcare landscape, CVS Health's focus on innovation, affordability, and operational efficiency provides a solid foundation for future success.
By capitalizing on opportunities in growth, synergies, and healthcare services, CVS Health can navigate industry headwinds and drive long-term value creation for stakeholders.

CVS Health reports robust Q2 earnings, eyes growth opportunities

CVS Health's Q2 2023 performance reflects strong financial results and strategic acquisitions driving growth.
Despite challenges like higher costs and restructuring charges, the company remains confident in its ability to deliver outstanding performance.
Opportunities lie in expanding Medicaid contracts, biosimilar market establishment, and clinic openings for at-risk populations.
Overall, CVS Health's focus on cost optimization, digital sales growth, and patient engagement positions it well for future success.

CVS Health reports robust Q3 earnings and strategic growth plans

CVS Health's Q3 performance reflects strong financial results and strategic initiatives across its segments, positioning the company for sustainable growth.
While facing challenges like declining vaccine demand and contract losses, CVS Health is focused on leveraging opportunities in biosimilars and cost-saving solutions.
The company's commitment to operational excellence, innovation, and workforce investment underscores its strategic vision for becoming a leading health solutions provider.
With a clear focus on growth drivers and mitigating challenges, CVS Health is poised to capitalize on market opportunities and deliver value to shareholders.

CVS Health reports robust Q4 earnings, eyes Medicare margin recovery

CVS Health's Q4 2023 earnings call highlighted strong financial performance, a cautious stance on Medicare Advantage utilization, and a focus on transforming healthcare delivery. The company is committed to margin recovery, growth, and enhancing customer experience while addressing challenges in Medicare Advantage trends and cost pressures.

CVS Health faces Medicare Advantage challenges, focuses on margin improvement

CVS Health's Q1 2024 earnings call highlighted strong financial performance, challenges in the Medicare Advantage business, and a focus on improving margins. The company showcased strengths in the biosimilar market and Pharmacy & Consumer Wellness segment while addressing issues impacting Health Care Benefits and Services segments.

CVS Health's Q2 2024 performance reflects strong financial results, cost savings, and innovative initiatives in pharmacy services.
The company faces challenges in the Health Care Benefits segment but is actively addressing them through leadership changes and operational improvements.
Opportunities for growth include driving margin improvements, expanding digital reach, and educating stakeholders on the value delivery of PBMs.
Expectation of margin recovery in Medicare Advantage and double-digit EPS growth in 2025 highlight CVS Health's strategic focus on operational efficiencies and cost savings.

CVS Health reports robust Q3 earnings, focuses on growth strategies

CVS Health's Q3 2024 performance was marked by strong financial results, leadership changes, and segment-specific challenges and successes. The company is focused on leveraging opportunities in strategic initiatives and addressing areas for improvement to drive future growth.

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The volatile consumer healthcare sector showed up big in CVS' Q1 earnings Wednesday (May 1), with solid revenue from its store operations but a warning about revenue projections due to its foray into the insurance sector.  By the numbers, CVS Health reported first-quarter revenues of approximately $88 billion, marking a 4% increase year-over-year.

CVS Q1 Earnings Take A Hit From Insurance Venture

Adjusted EPS missed expectations significantly at $1.31 versus the forecasted $1.69. Revenue saw a year-over-year increase, albeit below analyst estimates.

CVS Health's Q1 Disappointed on Multiple Levels

Amazon

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Walmart

Walmart Inc. WMT, -0.43% announced Tuesday it's closing its 51 health centers after the retail giant admitted the business had not seen sustainable profits since its inception in 2019.

Walmart is closing down its health centers. What's that mean for Amazon, Walgreens and CVS?

CVS Health Corp (NYSE:CVS) shares tanked after the pharmacy chain downwardly revised its full-year profit 2024 guidance amid rising medical costs in its Medicare insurance business.   The company is now expected to report adjusted earnings per share (EPS) of at least $7, down from its prior guidance of at least $8.30 and below the Wall Street estimate of $8.31.

CVS slashes full-year profit forecast on elevated medical costs; shares plunge

CVS faced higher-than-expected costs in its insurance business. Lower Medicare Advantage reimbursement rates are expected to weigh on its performance.

Why CVS Health Stock Plunged Today

CVS Health's (CVS) Q1 performance is impacted by a decline in the Health Services segment due to continued pharmacy client price improvements.

CVS Health's (CVS) Q1 Earnings Miss Estimates, Margins Up

CVS Health came up short of Q1 earnings estimates and slashed its full-year outlook as medical costs surged. Here's what you need to know.

CVS Stock Plunges as Medicare Advantage Costs Spike

CVS Health Corporation (NYSE:CVS ) Q1 2024 Earnings Conference Call May 1, 2024 8:00 AM ET Company Participants Karen Lynch - President, Chief Executive Officer Tom Cowhey - Chief Financial Officer David Falkowski - Executive Vice President, Chief Compliance Officer Brian Kane - Executive Vice President, President, Aetna Mike Pykosz - Executive Vice President, President of Health Care Delivery Larry McGrath - Senior Vice President of Business Development, Investor Relations Conference Call Participants Justin Lake - Wolfe Research Lisa Gill - J.P. Morgan Nathan Rich - Goldman Sachs Stephen Baxter - Wells Fargo Michael Cherny - Leerink Partners Josh Raskin - Nephron Research Elizabeth Anderson - Evercore ISI Ann Hynes - Mizuho Securities Operator Hello and welcome to today's CVS Health Q1 2024 Earnings Conference Call.

CVS Health Corporation (CVS) Q1 2024 Earnings Call Transcript

The shares of CVS Health Corp (NYSE:CVS) are plummeting today, down 18% at $55.55 at last glance and earlier as low as $54.04.

CVS Health Stock Headed for Worst Day Since 2009

The company's Medicare business, hit by higher medical costs, pushed down CVS's first-quarter earnings.

CVS Made a Big Bet on Medicare. It's Looking Risky.

The headline numbers for CVS Health (CVS) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

CVS Health (CVS) Reports Q1 Earnings: What Key Metrics Have to Say

Shares of CVS Health Corporation are taking a beating in premarket trading this morning. As of the time of this writing, CVS stock is down over 12% to $59.49 per share.

CVS Health stock just sunk to its lowest price in 3 years after the pharmacy chain cut its 2024 profit forecast

CVS Health (CVS) came out with quarterly earnings of $1.31 per share, missing the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $2.20 per share a year ago.

CVS Health (CVS) Misses Q1 Earnings and Revenue Estimates

CVS Health (CVS) shares tumbled close to 12% in pre-market trading Wednesday after the retail pharmacy giant posted first-quarter results that missed analysts' estimates and lowered its guidance for the full year.

CVS Stock Plummets on Earnings Miss, Lowered Guidance

CVS Health earnings tumbled more than expected on a surge in Medicare costs due to higher utilization. CVS stock dived, weighing on UNH and HUM.

CVS Health Dives To 3-Year Low On Medicare Cost Surge

CVS and other insurers have seen medical costs spike as many Medicare Advantage patients return to hospitals to undergo procedures they delayed during Covid.

CVS posts big earnings miss - cuts profit outlook on higher medical costs

Shares of CVS Health Corp. CVS, +0.39% tumbled 10.2% toward a near four-year low in premarket trading Wednesday, after the drugstore chain and health care services company missed first-quarter profit and revenue expectations and slashed its full-year outlook, citing Medicare Advantage challenges. Net income dropped to $1.11 billion, or 88 cents a share, from $2.14 billion, or $1.65 a share, in the same period a year ago.

CVS Health's stock tumbles after earnings missed and slashed outlook, as loss of large client weighed on health services business

CVS Health Corp slashed its annual profit forecast and missed Wall Street estimates for first-quarter earnings on Wednesday, as elevated demand for non-urgent procedures increased medical costs at its health insurance business.

CVS cuts 2024 profit forecast as insurance unit faces soaring medical costs

First Quarter Highlights Total revenues increased to $88.4 billion, up 3.7% compared to prior year GAAP diluted EPS of $0.88 and Adjusted EPS of $1.31 Generated cash flow from operations of $4.9 billion 2024 Full-Year Guidance Revised GAAP diluted EPS guidance to at least $5.64 from at least $7.06 Revised Adjusted EPS guidance to at least $7.00 from at least $8.30 Revised cash flow from operations guidance to at least $10.5 billion from at least $12.0 billion CEO Commentary "The current environment does not diminish our opportunities, enthusiasm, or the long-term earnings power of our company. We are confident we have a pathway to address our near-term Medicare Advantage challenges.

CVS HEALTH CORPORATION REPORTS FIRST QUARTER 2024 RESULTS AND REVISES FULL-YEAR 2024 GUIDANCE

CVS Health reported first quarter profits were cut almost in half to $1.1 billion compared to the year-ago period thanks to higher costs to treat patients insured by Medicare plans the company sells.

CVS Health Profits Tumble To $1.1 Billion On Higher Costs To Treat Seniors

After underperforming its peers in the healthcare sector, shares of CVS Health Co. NYSE: CVS are now nearing a 52-week low price. Underperforming the Health Care Select Sector SPDR Fund NYSEARCA: XLV by as much as 14% over the past year, CVS stock is now dangerously close to its $64.4 a share low.

CVS Stock is Nearing a 52-Week Low, Better Buy Than Walgreens?

Coca-Cola

Procter & Gamble

The U.S. economy is in a precarious situation at the moment — an unusual balance between rampant inflation and investor confidence. However, to cool down inflation, policymakers are hinting at not lowering interest rates.

Preparing for the Worst: 3 Resilient Stocks to Buy Before the Next Market Crash

CVS Health (NYSE: CVS) will report its Q1 2024 results on Wednesday, May 1. We expect the company's revenues to come in at $90 billion, slightly above the consensus estimate of $89.2 billion.

Higher Medical Costs Likely Weighed On CVS Health's Q1 Earnings

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Sibanye Stillwater

Outside of recent rumblings, the sentiment surge in the equities space this year has taken some of the shine off value stocks to buy on the dip. It's not that the concept lost relevance or popularity.

3 Value Stocks to Buy on the Dip: April 2024

CVS is getting into the business of making copycat biologic drugs, known as biosimilars, to profit directly from blockbusters going generic.

News for CVS Health Stock (CVS)