CVS Health (CVS) Misses Q3 EPS by 46c, Beats on Revenue
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CVS HEALTH CORPORATION REPORTS THIRD QUARTER 2024 RESULTS
November 6, 2024 6:30 AM ESTFinancial 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 billionCEO Commentary
"Our integrated model accelerates our ability to uniquely do what is most... More
CVS Health Announces Leadership Appointments
November 6, 2024 6:30 AM ESTPrem 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
