CVS Hikes Adjusted Earnings Guidance as Aetna Performance Improves
6 Articles
6 Articles
CVS Raises 2025 Profit Outlook on Insurance, Pharmacy Operations
CVS Health Corp. shares rose after the health conglomerate raised its 2025 profit guidance on strong results in its health insurance and pharmacy businesses, an encouraging sign after a spate of missteps by rival insurers.
CVS Targets Strong Weight-Loss Drug Use as Revenues Tick Up
CVS is focusing heavily on technology-led care after posting solid Q2 earnings. [contact-form-7] “We are building momentum as we navigate what continues to be a dynamic and evolving environment,” Chief Executive David Joyner told analysts on an earnings call Thursday (July 31), crediting the company’s “diversified business” for offsetting swings in medical costs. CVS posted an 8.4% increase in revenue, to just shy of $99 billion, with t…
CVS tops analysts' estimates for Q2 sales and profits
WOONSOCKET, R.I. — CVS Health beat Wall Street's forecast for second quarter revenue and earnings, with gains driven by strength in its retail business and a rebound at Aetna.Sales of $98.92 billion exceeded analysts' expected $94.50 billion, while adjusted earnings per share of $1.81 adjusted topped the predicted $1.46 per share.Shares of CVS vaulted more than 9% in premarket trading Thursday, as the company raised its full-year outlook for adj…
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