Cigna sees strong annual profit on lower costs, pharmacy benefit strength [Yahoo! Finance]
CVS Health Corporation (CVS)
Last cvs health corporation earnings: 2/12 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
investors.cvshealth.com
Company Research
Source: Yahoo! Finance
its pharmacy benefit management unit helped it beat first-quarter earnings estimates. The company now expects an adjusted profit of at least $28.40 per share in 2024, up 15 cents from its previous forecast. Cigna's forecast lift comes in contrast to CVS Health , which slashed its annual profit forecast on Wednesday, citing higher medical costs, especially for its Medicare Advantage (MA) plans for adults aged 65 and above. Robust demand for medical procedures delayed during the COVID pandemic, especially from older adults, has resulted in increased costs for insurers such as CVS, UnitedHealth and Humana. UnitedHealth and Humana are among the larger players in the MA market, compared to Cigna, which has a much smaller presence and is in the process of divesting its Medicare business. The sale of Cigna's MA unit to Health Care Service Corp remains on track and is expected to close in the first quarter of 2025, the company said. Cigna's medical care ratio, the percentage of pr
Show less
Read more
Impact Snapshot
Event Time:
CVS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CVS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CVS alerts
High impacting CVS Health Corporation news events
Weekly update
A roundup of the hottest topics
CVS
News
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CVS Health Corporation - CVSPR Newswire
- SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against CVS Health Corporation and Encourages Investors to Contact the FirmAccesswire
- Healthcare Stocks: Testing The Vital Signs Of Managed Care Providers [Seeking Alpha]Seeking Alpha
- Aeroflow Health Expands Access to Lactation Consultations to Virginia's Medicaid Population [Yahoo! Finance]Yahoo! Finance
- Ex-Olympics star Shaun White rides with CVS for new snack and beverage line: 'They've really upped the game' [FOX Business Network]FOX Business Network
CVS
Earnings
- 5/1/24 - Miss
CVS
Sec Filings
- 5/9/24 - Form 8-K
- 5/8/24 - Form 8-K
- 5/8/24 - Form 424B2
- CVS's page on the SEC website