Higher Medical Costs Likely Weighed On CVS Health's Q1 Earnings [Forbes]
CVS Health Corporation (CVS)
Last cvs health corporation earnings: 2/12 06:45 am
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Source: Forbes
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. This would mark year-over-year growth of 5.5%. Earnings will likely come in at about $1.74 on a per-share and adjusted basis, slightly above the $1.71 consensus estimate, but lower than its prior-year quarter earning of $2.20. See our interactive dashboard analysis on for more details on how the company's revenues and earnings will likely result for the quarter. So, what are some of the trends that are likely to drive CVS Health's results? Firstly, let us look at its stock performance in recent years. CVS stock has seen little change, moving slightly from levels of $70 in early January 2021 to around $65 now, vs. an increase of about 35% for the S&P 500 over this roughly three-year period. Overall, the performance of CVS stock with respect to the index has been quite volatile. Returns for the stock were 51% in 2021,
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CVS
News
- 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 Pharmacy® introduces Well Market™, a crave-worthy consumables brand [Yahoo! Finance]Yahoo! Finance
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