CVS Boosts Outlook for 2026 After Aetna Profits Increase (2)

CVS Health Corp. raised its earnings outlook for the year after profit and revenue in the first quarter exceeded analyst expectations, the latest in a string of positive reports from US health conglomerates.

The company increased its outlook for 2026 adjusted earnings to $7.30 to $7.50 a share, it said in a statement Wednesday. The 30-cent increase puts the new range above Wall Street estimates.

CVS shares rose as much as 9.8% when markets opened in New York.

The company, which includes a retail pharmacy, an insurer and a pharmacy benefits manager, followed every major competitor in projecting optimism for ...