CVS Health raised its full-year forecast on Wednesday, aided by increased first-quarter earnings in the company’s pharmacy management business and strong medical cost controls in its government-sponsored health plans.
Shares of the healthcare conglomerate rose 4% before the bell.
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The company, which also runs a retail pharmacy chain, said its higher forecast reflects lower spending on medical costs in its health insurance business.
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Source: Reuters | Published: 2026-05-06T10:31:45Z
Credit: Reuters
