CVS Up After Raising Full Year Outlook on Insurance Strength

A CVS pharmacy in San Francisco.Photographer: David Paul Morris/Bloomberg

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.

The company expects 2025 adjusted earnings per share of $6.30 to $6.40, up from a prior forecast of $6.00 to $6.20, it said in a statement Thursday. CVS raised its guidance after its Aetna health insurance arm and its pharmacy unit outperformed expectations in the second quarter.