I am ft wah. I barely put on a days work for an entire week. Dental dept literally does not care, does not micro manage me, does not give me raises. I talk to my manager 2 times a year.
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Why were the analyst estimates so far off? Were they wearing rose colored lenses with $ in their eye's for MA?
2 months ago, at the Raymond James investor conference, nothing was out of line for 1st qtr. "estimates are holding" , 'we feel good' , 'results are consistent', 'we reaffirmed guidance'.
Either the analysts had blinders on or the cvs leadership wasn't being fully transparent.
https://wsw.com/webcast/rj129/cvs/1483040
Don't expect a post earnings bounce any time soon, if ever.
https://simplywall.st/stocks/us/healthcare/nyse-cvs/cvs-health/news/cvs-health-corporation-earnings-missed-analyst-estimates-her
This isn’t Aetna’s fault or the people that work day to day ops. They are already underpaid, understaffed and barely got a raise in a world where inflation is insane. To be honest… CVS/Aetna is lucky to have as many people still hanging on hoping for a better tomorrow. This entire situation is only the fault of upper executives with poor management skills and their inability to properly budget financially. The entire company is in very thin ice and with CVS’s reputation as of late they will not only be understaffed but will also loose a significant amount of business. It looks like they have a lot of money on paper but it’s a VERY fragile system that can collapse quickly. So don’t tear other business unit employees down, they have NO control I can assure you.
Great job Aetna
they have so much money , it doesnt matter
Something's up with retail based on the number of CVS leased properties that have recently gone on the CRE market.
If she had any decency she would resign.
What a disaster. Stock was already down $14 a share in the last month and now down $30 a share after the selloff today. Stock has lost 50 percent of its value since it was around $110 a share a couple years ago.
This is the only thing that will get Karen kicked out on her a-s. She is a flipping disaster. Again, they'd be doing her a favor by firing her a-s.