BUZZ-CVS rises after raising annual profit forecast

CVS Health Corporation

CVS Health Corporation

CVS

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** Shares of CVS Health CVS.N rise 4.7% to $84.50 premarket

** Co raises 2026 adjusted profit forecast to $7.30 to $7.50 per share, up from a range of $7.00 to $7.20 per share; analysts were expecting a forecast of $7.16 per share, according to data compiled by LSEG

** Reports Q1 adjusted profit of $2.57 per share, above analysts' average estimate of $2.20 per share

** Q1 revenue of $100.4 billion beats expectations of $95.1 billion

** "Our positive performance is driven by strong execution across our enterprise"- CVS

** Up to last close, CVS up 1.7% YTD


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