CVS Health Raises 2026 Outlook After First-Quarter Revenue and Profit Top Estimates
CVS Health raised its 2026 outlook after first-quarter revenue and profit exceeded analyst expectations, helped by stronger performance in its insurance business. Revenue rose 6.2% from a year earlier to $100.4 billion, while adjusted earnings were $2.57 a share, above estimates of about $2.21. Adjusted operating income increased 12.5% to $5.15 billion.
The company now expects full-year adjusted earnings of $7.30 to $7.50 a share, up from a prior range of $7.00 to $7.20, and at least $9.5 billion of operating cash flow, compared with a previous minimum of $9.0 billion. CVS said much of the improvement came from a turnaround at Aetna, with health care benefits adjusted operating income rising 52.6% to $3.04 billion.
From the sources (5 posts)
@wallstengine$CVS Q1’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $100.4B (Est. $95.02B) 🟢; +6.2% YoY 🔹 Adj. EPS: $2.57 (Est. $2.21) 🟢 🔹 Adjusted Operating Income: $5.15B; +12.5% YoY 🔹 Health Care Benefits MBR: 84.6% 🔹 Operating Cash Flow: $4.2B FY 2026 Guide: 🔹
@wsjCVS attributed much of the improvement to a turnaround at its insurance unit, Aetna.
@firstsquawkCVS Q1 2026 EARNINGS -ADJ EPS $2.57 (EST $2.18) -NET REV. $100.43B (EST $94.77B) -ADJ. OPER INCOME $5.15B (EST $4.52B) -COMP SALES +2.8% (EST +0.93%) -RAISES FY 2026 GUIDANCE -SEES FY ADJ EPS $7.30 TO $1.50, SAW $7 TO $7.20 (EST $1.12) -SE
@businessCVS Health raises its earnings outlook for the year after profit and revenue in the first quarter exceeded analyst expectations
@cnbcCVS blows past estimates, hikes outlook as insurance business outperforms