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CVS blows past estimates, hikes outlook as insurance business outperforms
CNBC· 2026-05-06 18:31
A screen displays the logo and trading information for CVS at the New York Stock Exchange, March 24, 2026. CVS Health on Wednesday blew past first-quarter earnings and revenue estimates and raised its 2026 guidance, as its once-troubled insurance business showed improvement. CVS, which operates the nation's largest pharmacy chain, sees full-year profit coming in between $7.30 and $7.50 per share. That's up from a previous guidance of $7 to $7.20 per share. Earnings per share: $2.57 adjusted vs. $2.20 expect ...