Healthcare conglomerate CVS Well being Company (NYSE: CVS) reported blended outcomes for the fourth quarter of 2024, with revenues rising modestly and earnings declining sharply.
December-quarter adjusted revenue plunged 44% year-over-year to $1.19 per share. On a reported foundation, web earnings was $1.62 billion or $1.30 per share in This autumn, in comparison with $2.05 billion or $1.58 per share within the prior-year quarter.
Revenues elevated 4% year-over-year to $97.7 billion within the fourth quarter. Whole same-store gross sales climbed 10.2% year-over-year.
“Our integrated model allows us to uniquely deliver a simpler, connected experience that saves time, saves money, and improves health,” mentioned CVS CEO David Joyner.