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CVS Health | 10-Q: Q2 2024 Earnings Report

CVS Health | 10-Q: Q2 2024 Earnings Report

西维斯健康 | 10-Q:2024财年二季报
美股SEC公告 ·  2024/08/07 18:41

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CVS Health reported Q2 2024 total revenues increased 2.6% to $91.2 billion, driven by growth in Health Care Benefits and Pharmacy & Consumer Wellness segments, partially offset by declines in Health Services. Net income attributable to CVS Health decreased 6.9% to $1.77 billion, while diluted EPS was $1.41 compared to $1.48 in Q2 2023.The Health Care Benefits segment saw revenues rise 21.4% to $32.5 billion, though its medical benefit ratio increased to 89.6% from 86.2% due to higher utilization in Medicare Advantage and Medicaid. The Pharmacy & Consumer Wellness segment's revenues grew 3.7% to $29.8 billion, driven by increased prescription volume, while the Health Services segment revenues declined 8.8% to $42.2 billion following the loss of a large client.The company issued $5 billion in senior notes in May 2024 for general corporate purposes and repurchased 39.7 million shares for approximately $3 billion during H1 2024. CVS Health maintained its retail presence with over 9,000 locations and continued serving approximately 90 million pharmacy benefit manager plan members, though facing ongoing challenges from elevated Medicare utilization and Medicaid cost pressures.
CVS Health reported Q2 2024 total revenues increased 2.6% to $91.2 billion, driven by growth in Health Care Benefits and Pharmacy & Consumer Wellness segments, partially offset by declines in Health Services. Net income attributable to CVS Health decreased 6.9% to $1.77 billion, while diluted EPS was $1.41 compared to $1.48 in Q2 2023.The Health Care Benefits segment saw revenues rise 21.4% to $32.5 billion, though its medical benefit ratio increased to 89.6% from 86.2% due to higher utilization in Medicare Advantage and Medicaid. The Pharmacy & Consumer Wellness segment's revenues grew 3.7% to $29.8 billion, driven by increased prescription volume, while the Health Services segment revenues declined 8.8% to $42.2 billion following the loss of a large client.The company issued $5 billion in senior notes in May 2024 for general corporate purposes and repurchased 39.7 million shares for approximately $3 billion during H1 2024. CVS Health maintained its retail presence with over 9,000 locations and continued serving approximately 90 million pharmacy benefit manager plan members, though facing ongoing challenges from elevated Medicare utilization and Medicaid cost pressures.
西维斯健康报告称,2024年第二季度总收入增长了2.6%,达到912亿,主要受到医疗保健福利和药房及消费健康部门增长的推动,部分被医疗服务的下滑所抵消。归属于西维斯健康的净利润减少了6.9%,降至17.7亿,而摊薄后每股收益为1.41美元,较2023年第二季度的1.48美元有所下降。医疗保健福利部门的收入增长了21.4%,达到325亿,尽管其医疗福利比率从86.2%上升至89.6%,这是由于医疗保险优势计划和医疗补助的使用率增加。药房及消费健康部门的收入增长了3.7%,达到298亿,主要得益于处方成交量的增加,而医疗服务部门的收入下降了8.8%,降至422亿,原因是失去了一个大客户。公司于20...展开全部
西维斯健康报告称,2024年第二季度总收入增长了2.6%,达到912亿,主要受到医疗保健福利和药房及消费健康部门增长的推动,部分被医疗服务的下滑所抵消。归属于西维斯健康的净利润减少了6.9%,降至17.7亿,而摊薄后每股收益为1.41美元,较2023年第二季度的1.48美元有所下降。医疗保健福利部门的收入增长了21.4%,达到325亿,尽管其医疗福利比率从86.2%上升至89.6%,这是由于医疗保险优势计划和医疗补助的使用率增加。药房及消费健康部门的收入增长了3.7%,达到298亿,主要得益于处方成交量的增加,而医疗服务部门的收入下降了8.8%,降至422亿,原因是失去了一个大客户。公司于2024年5月发行了50亿的高级票据用于一般企业用途,并在2024年上半年回购了约3970万股,支出约30亿。西维斯健康维持了其零售业务,拥有超过9,000个网点,并继续为约9000万药房福利管理计划成员提供服务,尽管面临医疗保险使用率上升和医疗补助成本压力的持续挑战。
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