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CVS Health Faces Investor Scrutiny Ahead of Q3 Earnings Amid Omnicare Bankruptcy

CVS Health Faces Investor Scrutiny Ahead of Q3 Earnings Amid Omnicare Bankruptcy

Author:

Global Cryptocurrency

Published:

2025-10-28 12:34:02

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BTCCSquare news:

CVS Health prepares to report third-quarter earnings as its subsidiary Omnicare enters Chapter 11 bankruptcy. Wall Street anticipates $1.37 EPS and $98.81 billion revenue, a 4% YoY increase but below Q2's $98.9 billion. The Pharmacy and Consumer Wellness segment, housing Omnicare, previously drove 8% growth.

Omnicare's $949 million fraud penalty casts a shadow over CVS's $10 billion 2015 acquisition. The bankruptcy filing in Texas raises questions about operational stability, though CVS's Core pharmacy business remains resilient. Market focus now shifts to tomorrow's earnings call for damage assessment.

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