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CVS posts mixed results, holds off on guidance in Joyner's first earnings report as CEO

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Summary
Nutrition label

87% Informative

It's CEO David Joyner's first earnings report at the helm of the troubled retail drugstore chain.

The company expects elevated medical costs to continue to pressure its performance this year .

CVS named a new president for its health insurer, Aetna , effective immediately.

CVS 's health services division processed 484.1 million pharmacy claims during the quarter , down from 579.6 million during the year-ago period.

Pharmacy and consumer wellness division booked $32.42 billion in sales for the third quarter , up 12% from the same period a year earlier .

The increase was partly driven by increased prescription volume.

VR Score

92

Informative language

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semi-formal

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English

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