CVS Raises Profit Guidance After Q2 Earnings Beat Estimates
Macro·1 article across 1 outlet
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CVS Health Corp. raised its profit guidance for the year after second-quarter earnings topped Wall Street estimates, driven by better-than-expected medical costs in the company’s Aetna insurance business.
CVS also announced a new collaboration with Eli Lilly that will make Zepbound and Foundayo accessible to eligible patients on the CVS Health app.
CVSEli Lilly
Sources
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SourceReports the news
“CVS also announced a new collaboration with Eli Lilly that will make Zepbound and Foundayo accessible to eligible patients on the CVS Health app.”
CNBC — CVS blows past estimates, hikes guidance as insurance unit continues to improve“CVS Health Corp. raised its profit guidance for the year after second-quarter earnings topped Wall Street estimates, driven by better-than-expected medical costs in the company’s Aetna insurance business.”
Bloomberg — CVS Raises Outlook as Medical Cost Improvement Drives Profits