India, May 6 -- CVS Health Corp. on Wednesday reported higher profit and revenues in its first quarter and raised fiscal 2026 outlook.
According to the health solutions major, the updated outlook reflects increases in the Health Care Benefits and Pharmacy & Consumer Wellness segments. The company maintains a cautious view for the remainder of the year amid continued elevated cost trends and the potential for macro headwinds.
In pre-market activity, CVS shares were gaining around 4.7 percent to trade at $84.41, after closing Tuesday's regular trading 1.6 percent lower.
For fiscal 2026, the company now projects earnings per share to be $6.24 to $6.44, higher than previous estimate of $5.94 to $6.14.
Adjusted earnings per share are now exp...