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CVS Health 2024 Profits Eclipse $4.6 Billion Despite Rising Costs

CVS Health reported a net income of $4.6 billion for 2024, down from $8.3 billion in 2023.
Total revenues for CVS Health increased by 4.2% to $372.8 billion in 2024 compared to 2023.
CVS Health's health services segment generated $47.02 billion in revenue for the fourth quarter, down more than 4% compared to the same quarter in 2023.
CVS Health expects adjusted profits of $5.75 to $6 per share for 2025, aligning with analysts' expectations.

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Barron's

CVS Health Stock Jumps on Earnings Beat and Solid Guidance

CVS Health rises after fourth-quarter adjusted earnings easily top analysts’ estimates.

10 days ago·New York, United States

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Reuters

CVS Health tops profit estimates as new CEO pursues turnaround; shares surge

CVS Health beat Wall Street estimates for fourth-quarter profit on Wednesday and provided an annual forecast that largely met expectations, hinting at an improvement in performance in its first full quarter under new CEO David Joyner.

10 days ago·United Kingdom

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The Motley Fool

CVS Health (CVS) Q4 2024 Earnings Call Transcript @themotleyfool #stocks $CVS

CVS earnings call for the period ending December 31, 2024.

10 days ago·Alexandria, United States

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Seeking Alpha

CVS Health targets $5.75-$6 EPS for 2025 amid Aetna recovery efforts and cost optimizations (NYSE:CVS)

Earnings Call Insights: CVS Health (NYSE:CVS) Q4 2024Management ViewCEO David Joyner highlighted the company's Q4 adjusted EPS of $1.19 and adjusted...

10 days ago·United States

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WPRI 12

CVS Health steers through rising insurance costs in strong fourth quarter

(AP) — CVS Health steered through rising costs in its insurance division to handily beat profit expectations on Wall Street. The drugstore chain and pharmacy benefits manager earned $1.64 billion, or $1.30 per share for the period ended Dec. 31. A year earlier the company earned $2.05 billion, or $1.58 per share. ALSO READ: CVS Health cutting 23 Rhode Island-based jobs Removing one time costs and benefits, earnings were $1.19 per share, ea…

10 days ago·East Providence, United States

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