In its fiscal third-quarter earnings report to investors in late June, pharmacy chain Walgreens announced plans to close a "significant" number of its 8,600 U.S. stores.CEO Tim Wentworth said only 75% of the chain's locations were making a profit, and that the other one-quarter of them faced the chopping block by 2027.This was just the latest sign of weakness out of the retail pharmacy space following a slew of CVS closures through the end of this year and Rite Aid filing for bankruptcy in October."Pharmacy ...

These stocks pay between 3.3% and 6.6% in dividends and trade at low earnings multiples.Trying to mirror the S&P 500 can be a great way to earn a good return in the long run, but investors might be underwhelmed with its yield, which averages just 1.4%. The good news, however, is that if you want to collect more dividend income, it's possible to do so without taking on significant risk.Three stocks that not only pay you double the S&P 500 average but are also incredibly cheap buys right now are CVS Health (C ...

The upcoming report from CVS Health (CVS) is expected to reveal quarterly earnings of $1.74 per share, indicating a decline of 21.3% compared to the year-ago period. Analysts forecast revenues of $91.56 billion, representing an increase of 3% year over year.The current level reflects an upward revision of 0.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Befo ...

In general, I’m quite bullish on the healthcare sector. Many of the names in the space have extremely low valuations because a high percentage of investors irrationally believed that healthcare companies could never perform well when interest rates were high. What’s more, a multitude of firms within the sector should be helped by lower interest rates because they will be able to borrow money more cheaply in order to fund their initiatives such as drug research. Moreover, increased utilization of artificial ...

Using advanced environmental data analytics, the company powers personalized solutions to manage and protect people most at-risk from extreme weather events, including heat wavesWOONSOCKET, R.I., Aug. 1, 2024 /PRNewswire/ -- CVS Health® (NYSE: CVS) today announced a first-of-its-kind environmental health impact initiative to help people most vulnerable to extreme weather events that can worsen existing chronic conditions.Image provided by CVS HealthThe initiative is focusing first on extreme heat events to ...

NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in CVS Health Corporation ("CVS" or the "Company") (NYSE: CVS) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of CVS investors who were adversely affected by alleged securities fraud between May 3, 2023 and April 30, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/cvs-health-corporation-lawsuit-submis ...

The market expects CVS Health (CVS) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on August 7, 2024, might help the stock move higher if these key numbers are bette ...

NEW YORK, July 30, 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=92735&from=3 CLASS PERIOD: Ma ...

SAN DIEGO, July 30, 2024 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of CVS Health Corporation (NYSE: CVS) securities between May 3, 2023 and April 30, 2024, inclusive (the “Class Period”), have until September 10, 2024 to seek appointment as lead plaintiff of the CVS class action lawsuit. Captioned Nixon v. CVS Health Corporation, No. 24-cv-05303 (S.D.N.Y.), the CVS class action lawsuit charges CVS as well as certain of CVS’s top current and f ...

CVS Health Corporation (CVS) is scheduled to report second-quarter 2024 results on Aug 7, before the opening bell.In the last reported quarter, the company’s adjusted earnings of $1.31 missed the Zacks Consensus Estimate by 22.49%. CVS Health beat estimates in three of the trailing four quarters and missed in one, the average negative surprise being 2.25%.The Zacks Consensus Estimate for revenues is pegged at $91.56 billion, suggesting growth of 2.9% year over year. The consensus estimate for second-quarter ...