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The Gross Law Firm Notifies Shareholders of CVS Health Corporation (CVS) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire News Room· 2024-08-13 16:37
NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of CVS Health Corporation (NYSE: CVS). Shareholders who purchased shares of CVS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/cvs-health-corporation-loss-submission-form-2/?id=95121&from=3 CLASS PERIOD: Ma ...
1 Beaten-Down Stock to Buy and 2 to Avoid
The Motley Fool· 2024-08-13 10:45
One of these stocks is not like the others.It's best to buy stocks when they are down, as one of the most famous investing maxims tells us: "Buy low, sell high." However, companies going through a rough patch on the market aren't automatic buys. It's essential, as always, to separate the wheat from the chaff. Though broader equities have been performing well for most of the year, there are enough beaten-down stocks to choose from these days.Let's discuss three of them: One that looks attractive is CVS Healt ...
The Zacks Analyst Blog CVS Health, Walgreens and Herbalife
ZACKS· 2024-08-09 09:31
For Immediate ReleasesChicago, IL – August 9, 2024 – Zacks.com announces the list of stocks and featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: CVS Health (CVS) , Walgreens Boots (WBA) and Herbalife (HLF) .Here are highlights from Friday’s Analyst Blog:What is the Right Approach for CVS Health (CVS Quick Quote - Free Report) Post Q2 Results?Yesterday, CVS ...
CVS: Growing Digital Reach Contributes to Revenue Growth
PYMNTS.com· 2024-08-08 01:17
CVS Health grew its revenues by 2.6% in the second quarter, crediting this year-over-year improvement in part to its growing number of digital customers, its offering of biosimilar prescriptions and its closure of underperforming stores.“We extended our digital reach with nearly 60 million unique digital customers utilizing our platform to schedule health services appointments, fill prescriptions and purchase wellness products — all contributing to the growth in our business,” CVS Health President and CEO K ...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of September 10, 2024 in CVS Health Corporation Lawsuit – CVS
GlobeNewswire News Room· 2024-08-07 17:21
NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of CVS Health Corporation (NYSE: CVS). Shareholders who purchased shares of CVS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/cvs-health-corporation-loss-submission-form-2/?id=94057&from=3 CLASS PERIOD: Ma ...
CVS Health(CVS) - 2024 Q2 - Earnings Call Transcript
2024-08-07 16:06
CVS Health Corporation (NYSE:CVS) Q2 2024 Earnings Conference Call August 7, 2024 8:00 AM ET Company Participants Karen Lynch - President, Chief Executive Officer Tom Cowhey - Executive Vice President, Chief Financial Officer Prem Shah - Executive Vice President, Chief Pharmacy Officer David Joyner - Executive Vice President, CVS Health Larry McGrath - Senior Vice President, Investor Relations Conference Call Participants Lisa Gill - JP Morgan Justin Lake - Wolfe Research Stephen Baxter - Wells Fargo Ann Hy ...
CVS Health Stock Drops After Cutting Profit Forecast Again
Kiplinger.com· 2024-08-07 15:04
CVS Health (CVS) stock is in negative territory Wednesday after the pharmacy chain and healthcare benefits provider reported mixed results for its second quarter and slashed its full-year profit forecast.In the three months ended June 30, CVS said its revenue increased 2.6% year-over-year to $91.2 billion, driven by growth in its Health Care Benefits and Pharmacy & Consumer Wellness segments. However, its earnings per share (EPS) decreased 17.2% from the year-ago period to $1.83, primarily due to a decline ...
CVS cuts outlook, plans $2B cost-cutting effort
Fox Business· 2024-08-07 14:37
CVS Health on Wednesday cut its 2024 earnings outlook and announced its goal to cut $2 billion in costs through a multi-year productivity initiative as medical costs continue to rise. CVS reported that its adjusted earnings for the year will now be in the range of $6.40 to $6.65 per share, down from its earlier projection of at least $7 per share. This change reflects the "continued pressure in the Health Care Benefits segment," the company said.As part of its cost-cutting efforts, the retail pharmacy chain ...
Compared to Estimates, CVS Health (CVS) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-07 14:36
CVS Health (CVS) reported $91.23 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 2.6%. EPS of $1.83 for the same period compares to $2.21 a year ago.The reported revenue represents a surprise of -0.35% over the Zacks Consensus Estimate of $91.56 billion. With the consensus EPS estimate being $1.74, the EPS surprise was +5.17%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...
CVS Cuts Its Full-Year Profit Outlook, Again
Investopedia· 2024-08-07 14:26
KEY TAKEAWAYSCVS Health shares lost ground in early trading Wednesday after the pharmacy giant slashed its 2024 earnings guidance again amid increased medical costs.The company reported revenue for the second quarter that missed analysts' estimates, though earnings per share beat projections.CVS also announced the departure of the head of its Aetna unit. CVS Health (CVS) shares lost ground in early trading Wednesday after the pharmacy giant slashed its 2024 earnings guidance again amid increased medical cos ...