CVS Health Corporation (NYSE:CVS) Q1 2024 Earnings Call Transcript May 1, 2024 CVS Health Corporation misses on earnings expectations. Reported EPS is $1.31 EPS, expectations were $1.7. CVS Health Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello and […]
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Cigna Group raised its annual profit forecast on Thursday, helped by lower-than-expected medical costs and strength in its pharmacy benefit management unit. The health insurer's second forecast raise this year is in sharp contrast to some rivals that are struggling with increasing costs due to a much larger presence in the government-backed Medicare Advantage (MA) market for adults aged 65 and older. Cigna is in the process of exiting that business, with its $3.3 billion sale to Health Care Service Corp that is expected to complete early next year.