CVS Caremark's CEO Discusses Q4 2011 Results - Earnings Call Transcript

CVS Caremark (CVS)

Q4 2011 Earnings Call

February 08, 2012 8:30 am ET

Executives

Nancy Christal - Senior Vice President of Investor Relations

Larry J. Merlo - Chief Executive Officer, President and Director

David M. Denton - Chief Financial Officer and Executive Vice President

Per G. H. Lofberg - Executive Vice President and President of Caremark Pharmacy Services

Mark S. Cosby - Executive Vice President and President of CVS Pharmacy

Analysts

Michael Palahicky

Lisa C. Gill - JP Morgan Chase & Co, Research Division

John Heinbockel - Guggenheim Securities, LLC, Research Division

Dane Leone - Macquarie Research

Scott Andrew Mushkin - Jefferies & Company, Inc., Research Division

Thomas Gallucci - Lazard Capital Markets LLC, Research Division

Edward J. Kelly - Crédit Suisse AG, Research Division

Lawrence C. Marsh - Barclays Capital, Research Division

Matthew J. Fassler - Goldman Sachs Group Inc., Research Division

Ricky Goldwasser - Morgan Stanley, Research Division

Steven Valiquette - UBS Investment Bank, Research Division

John W. Ransom - Raymond James & Associates, Inc., Research Division

Eric Bosshard - Cleveland Research Company

Presentation

Operator

Compare to:
Previous Statements by CVS
» CVS Caremark Corporation - Analyst/Investor Day
» CVS Caremark's CEO Discusses Q3 2011 Results - Earnings Call Transcript
» CVS Caremark's CEO Discusses Q2 2011 Results - Earnings Call Transcript

Ladies and gentlemen, thank you for standing by, and welcome to the Q4 CVS Caremark Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded, Wednesday, February 8, 2012. I would now like to turn the conference over to Nancy Christal, Senior Vice President, Investor Relations. Please go ahead, ma'am.

Nancy Christal

Thank you. Good morning, everyone, and thanks for joining us today. I'm here with Larry Merlo, President and CEO, who'll provide a business update; and Dave Denton, Executive Vice President and CFO, who will provide the financial review. Per Lofberg, President of our PBM business; and Mark Cosby, President of CVS/pharmacy are also with us today, and they'll participate in the question-and-answer session following our prepared remarks.