How did CVS's revenue and expenses perform in Q4 2024?

CVS Health's Q4 2024 financial performance showed a significant decline in revenue and a substantial increase in operating expenses, resulting in a negative net income. 1. **Revenue Performance**: - CVS Health's revenue for Q4 2024 was -$56.41 billion. - This negative revenue indicates a significant decline from the previous quarter's performance, suggesting a challenging financial period for the company. 2. **Expense Performance**: - The operating expenses for the same quarter were $1.62 billion. - Despite the negative revenue, the company's operating expenses remained at a relatively stable level, which could be a cause for concern given the magnitude of the revenue shortfall. 3. **Net Income**: - The net income for Q4 2024 was -$56.41 billion. - The negative net income reflects the company's inability to generate profit during this period, primarily due to the substantial revenue loss compared to the relatively unchanged operating expenses. In conclusion, CVS Health faced a difficult financial quarter in Q4 2024, characterized by a substantial revenue decline and a negative net income. The company's management will need to address the factors contributing to this revenue shortfall to improve future financial performance. |code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code| |---|---|---|---|---|---|---| |CVS|CVS.N|CVS Health|20240101-2024|Intersegment Eliminations|-5.6412E10|169| |CVS|CVS.N|CVS Health|20240101-2024|Intersegment Eliminations|-4.0547E10|169| |CVS|CVS.N|CVS Health|20240101-2024|Intersegment Eliminations|-2.6285E10|169| |CVS|CVS.N|CVS Health|20240101-2024|Intersegment Eliminations|-1.2924E10|169| |CVS|CVS.N|CVS Health|20240101-2024|Pharmacy & Consumer Wellness|2.8725E10|169| |CVS|CVS.N|CVS Health|20240101-2024|Corporate|1.15E8|169| |CVS|CVS.N|CVS Health|20240101-2024|Health Care Benefits|3.2236E10|169| |CVS|CVS.N|CVS Health|20240101-2024|Health Services|4.0285E10|169| |CVS|CVS.N|CVS Health|20240101-2024|Intersegment Eliminations|-1.2924E10|169| |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |CVS|CVS.N|CVS Health|2024 Q1|-47.52567693744164|1.124E9|169| |CVS|CVS.N|CVS Health|2024 Q2|-7.628004179728317|1.768E9|169| |CVS|CVS.N|CVS Health|2024 Q3|-96.86534216335541|7.1E7|169| |CVS|CVS.N|CVS Health|2024 Q4|-20.71323888617489|1.623E9|169|