US EditionCVS Health tops Q3 forecasts but absorbs hefty charge for struggling clinic business
- On Wednesday, CVS Health reported third-quarter adjusted earnings of $1.60 per share and revenue of $102.87 billion, raising its 2025 guidance to $6.55 t–$6.65 t from $6.30 t–$6.40.
- Recovery in Aetna and improved government business helped drive the upgrade, with growth partly linked to the Inflation Reduction Act's effect on Medicare Part D and strong Caremark sales including Rite Aid prescriptions.
- A $5.7 billion goodwill impairment related to Oak Street Health, with CVS scaling back clinic openings and closing locations, led to a $3.9 billion health services loss and nearly $4 billion net loss.
- Investors reacted with a modest share uptick to $82.30 premarket as CVS has now raised guidance three quarters running, with Joyner confident momentum will continue into Q4 and 2026.
- Aetna's book covers nearly 27 million people, underscoring CVS's large insurance footprint as revenues improve, while CVS's peers struggled this year and the company plans to exit individual exchanges for 2026.
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CVS Posts Strong Q3 Earnings, but Shares Show Little Movement
Key Points CVS reported Q3 financials showing it beat on earnings and revenue, which resulted in strong forward guidance. The company revised full-year guidance and is now expecting adjusted earnings of $6.55 to $6.65 per share, up from $6.30 to $6.40 per share. CVS has now hiked its outlook three quarters in a row. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you ans…
Associated Press News
CVS Health tops Q3 forecasts but absorbs hefty charge for struggling clinic business
CVS Health rode double-digit sales growth from drugstores and its pharmacy benefits management business to a better-than-expected third quarter.
CVS Health lifts full-year profit forecast, books $5.7B impairment charge on health clinics (CVS:NYSE)
CVS Health (CVS) fell over 3% premarket on Wednesday even as the managed care giant exceeded Street forecasts with its third quarter 2025 results and raised its profit outlook for full year 2025 on insurance gains.
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