Michael Cherny News Today

Wednesday's steep decline in CVS stock supports the thesis that the company's healthcare division isn't doing well.

CVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Streets forecast.

CVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Streets forecast.

CVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Street’s forecast. Shares of the health care giant plunged Wednesday morning after the company said it was still struggling with rising costs from care use in its Medicare Advantage business. Company leaders told analysts they were still dealing with rising use from outpatient care and in supplemental benefits.

CVS earnings call for the period ending March 31, 2024.

By TOM MURPHYAP Health Writer

CVS earnings call for the period ending March 31, 2024.

CVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Street’s forecast.Shares of the health care giant plunge

Laboratory Corporation of America Holdings beats earnings expectations. Reported EPS is $3.68, expectations were $3.46.

Align Technology, Inc. beats earnings expectations. Reported EPS is $2.14, expectations were $1.98. Align Technology, Inc.