CVS beats estimates, hikes guidance as insurance business improves ⊕
The third-quarter results mark David Joyner's first full year as CEO of CVS, which had struggled to drive higher profits and improve its stock performance.
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CVS beats estimates, hikes adjusted profit outlook on retail pharmacy and insurance unit strength
CVS CEO David Joyner pointed to strength in its retail pharmacy and improvement in its insurance unit, Aetna, which is grappling with higher medical costs.
5 months ago
Major U.S. health insurers say they will streamline controversial process for approving care
Insurers such as CVS and UnitedHealthcare will implement the changes across commercial, Medicare and Medicaid plans, benefiting 257 million Americans.
7 months ago
CVS tops estimates, hikes guidance as insurance business shows some improvement
The company now expects full-year adjusted earnings of $6 to $6.20 per share, up from a previous guidance of $5.75 to $6 per share.