India, Nov. 4 -- CVS Health Corp. reported Wednesday a profit in its third quarter, compared to prior year's loss, mainly on the absence of prior year's $5.7 billion goodwill impairment charge, and higher revenues.
Further, the firm raised fiscal 2026 outlook to reflect increases in the Health Care Benefits and Pharmacy & Consumer Wellness segments.
Separately, CVS Health announced its plan to separate into two independent publicly traded companies, a move aimed at creating more focused businesses across healthcare services and retail pharmacy operations.
In pre-market activity on the NYSE, the shares were trading 3.18 percent lower at $88.56.
Planned Separation
Regarding the planned breakup, CVS said it will be divided into a healthca...