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Form 8-K · Current Report · Filed 2024-03-05

CVS Health Reaffirms 2024 Financial Guidance and Business Updates

On March 5, 2024, CVS Health Corporation's senior management team met with investors and Executive Vice President and Chief Financial Officer Tom Cowhey participated in a webcast.

Filer
CVS Health Corporation CVS · NYSE
Filed
Accession
0000064803-24-000009
CIK
0000064803
Signal
Low impactHealthcare

Details

During the meetings and webcast, the Company reaffirmed its full-year 2024 GAAP diluted EPS guidance of at least $7.06, its full-year 2024 Adjusted EPS guidance of at least $8.30, and its full-year 2024 cash flow from operations guidance of at least $12.0 billion. Mr. Cowhey also provided updates on recent business trends and initiatives.

Items reported

Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure Earnings Call Transcript

Market reaction

Close before filing

$73.89

Next session

+0.6%

Since filing

+41.3%

Latest close

$104.43

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CVS reporting the same item, with the next session's move:

About CVS Health Corporation

CVS Health Corporation is a leading health services company in the United States, offering a comprehensive range of services aimed at improving healthcare accessibility and convenience. Primarily known for its extensive network of pharmacies, CVS Health operates thousands of retail locations nationwide. These outlets provide prescription medications, over-the-counter drugs, health and wellness products, and immunization services. Beyond retail, CVS Health plays a significant role in the healthcare sector through its pharmacy benefit management division, Caremark, which administers prescription drug plans for insurers and employers. Additionally, the company owns Aetna, a major health insurance provider, aligning its services across retail, pharmacy benefits, and insurance solutions to deliver integrated healthcare experiences. With its broad reach and diverse healthcare offerings, CVS Health Corporation holds a critical place in the healthcare market, continuously working to streamline and enhance the delivery of medical services across the country.

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