CVS Beats 4Q Wall Street Estimates as Aetna Business Stabilizes
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Feb 14, 2025
After a tumultuous several months that culminated in the ouster of former CEO Karen Lynch, CVS Health Corp.’s fourth-quarter 2024 results beat Wall Street consensus estimates. And while the company reported lower year-over-year operating income, executives said the struggling Aetna business is finally stabilizing.
The company’s adjusted earnings per share (EPS) for the fourth quarter came to $1.91, well above the consensus of 91 cents. Medical loss ratio (MLR) was 94.8%, which was lower (better) than the 95.5% guidance. And CVS posted revenue of $97.7 billion, beating the $97.1 billion consensus.
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