CVS Health Corp raises profit outlook after strong insurance recovery
CVS Health Corp reported third-quarter earnings and revenue that exceeded Wall Street expectations on Oct. 29, raising its adjusted profit outlook for fiscal 2025. The company cited stronger performance in its insurance business and steady growth across all divisions as key drivers.
CVS now expects adjusted earnings of $6.55 to $6.65 per share for 2025, up from its previous guidance of $6.30 to $6.40. This marks the third consecutive quarter in which the company has increased its outlook.
“We’ve had three straight quarters of beat and raise, and we feel confident about closing out the year favorably,” CEO David Joyner said.