The Healthcare Economy

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The Healthcare Economy
The Healthcare Economy
Earnings Spotlight: CVS's Q2 Performance and Future Expectations

Earnings Spotlight: CVS's Q2 Performance and Future Expectations

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Jeff DelVerne's avatar
Jeff DelVerne
Aug 06, 2023
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The Healthcare Economy
The Healthcare Economy
Earnings Spotlight: CVS's Q2 Performance and Future Expectations
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On Wednesday, before the market opened, CVS along with Humana, released their earnings report showing a productive quarter. CVS recorded an impressive 10.8% top-line revenue growth in the first half of the year hitting 174 billion, notwithstanding a 25% dip in net income, which they attributed to a downturn in healthcare benefits in pharmacy (Covid) and…

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