Profile
Sector:
HealthcareIndustry:
Healthcare PlansCountry:
United StatesIPO:
20 November 1996Website:
http://www.cvshealth.comNext earnings report:
01 November 2024Last dividends:
21 October 2024Next dividends:
N/APrice
regular market | 7 min agoAnalysts recommendations
Institutional Ownership
CVS Latest News
Besides Wall Street's top -and-bottom-line estimates for CVS Health (CVS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
CVS Health is experiencing challenges with outpatient and additional benefits in its Health Care Benefits sector.
CVS Health's stock fell about 10% after their Q3 earnings report, which included a $1.1 billion charge related to Medicare and a $1.2 billion restructuring charge. Their earnings per share (EPS) forecast for 2024 is $6.47, a decrease of 26.01% from the previous year, but they expect a recovery in 2025 with an EPS of $7.30, an increase of 13%. The company's revenue is projected to be $369.25 billion in 2024, with optimistic revisions suggesting it could rise to $386.28 billion by 2025.
Users of Zacks.com have been paying a lot of attention to CVS Health (CVS) lately. Therefore, it's important to understand the key information that could influence the stock's future.
The CVS Health® Foundation has revealed $1.5 million in new funding for Health Zones, which will support Good Samaritan Health Center, Open Hand Atlanta, and Uber Health. This funding aims to improve access to essential health care services, provide medically tailored meals, and offer transportation for patients with chronic illnesses. The announcement highlights the progress made in the first six months of the program.
If things continue as they are now, it will take 81 years to reach equal representation of men and women in CEO positions.
Investors frequently depend on the advice of Wall Street analysts to make choices about buying, selling, or holding stocks. News articles about these analysts from brokerage firms changing their ratings can significantly influence a stock's price.
Employees at seven CVS pharmacies in California have gone on strike to demand improved wages and healthcare. Despite the strike, the stores are still operating with managers and nonunion staff.
If you invest in these stocks, you could face significant disappointment if they do not perform well.
CVS Health (CVS) shares dropped around 5% on Friday after the company revealed that Chief Executive Officer (CEO) Karen Lynch would be replaced by David Joyner, a long-time employee who previously managed Caremark, its pharmacy benefit manager (PBM).
What type of business is CVS Health?
CVS Health Corporation is a leading American healthcare company. The company operates a national network of over 68,000 retail pharmacies, around 1,100 medical clinics. CVS Health also serves approximately 38 million people, offering traditional, voluntary, and consumer-oriented health insurance products and related services. The company was founded in 2007. The headquarters is located in Rhode Island. CVS Health's activities are focused on the local population of the United States and cover 41 states.
What sector is CVS Health in?
CVS Health is in the Healthcare sector
What industry is CVS Health in?
CVS Health is in the Healthcare Plans industry
What country is CVS Health from?
CVS Health is headquartered in United States
When did CVS Health go public?
CVS Health initial public offering (IPO) was on 20 November 1996
What is CVS Health website?
https://www.cvshealth.com
Is CVS Health in the S&P 500?
Yes, CVS Health is included in the S&P 500 index
Is CVS Health in the NASDAQ 100?
No, CVS Health is not included in the NASDAQ 100 index
Is CVS Health in the Dow Jones?
No, CVS Health is not included in the Dow Jones index
When was CVS Health the previous earnings report?
No data
When does CVS Health earnings report?
The next expected earnings date for CVS Health is 01 November 2024