CVS Health tops second-quarter estimates, raises full-year profit outlook

Health Written by: Angela Harmantas 10:53 Wed 05 Aug 2026 --> Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. She earned a Bachelor of... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. CVS Health Corp ( NYSE:CVS ) View Price & Profile CVS Health tops second-quarter estimates, raises full-year profit outlook Published: 10:53 05 Aug 2026 EDT CVS Health Corp (NYSE:CVS) reported second-quarter revenue and profit that beat Wall Street estimates on Wednesday, and raised its full-year adjusted earnings guidance, though cautious guidance pressured shares. Revenue rose 7.3% year-over-year to $106.1 billion, above analyst estimates of $100.11 billion. Adjusted earnings per share came in at $2.58, up 43% from a year earlier and well ahead of the $1.85 consensus estimate. Operating income nearly doubled to $4.7 billion, compared with estimates of $3.94 billion, while net income reached $3 billion versus expectations of $2.36 billion. The company raised its full-year adjusted EPS guidance to a range of $7.90 to $8.10, up from a prior estimate of $7.45. CVS also lifted its forecast for cash flow from operations to at least $11.5 billion, up from a previous outlook of at least $9.5 billion. By segment, Health Care Benefits revenue rose 3.5% to $37.5 billion, Health Services revenue climbed 11.5% to $51.8 billion, and Pharmacy & Consumer Wellness revenue was flat at $33.8 billion. On the earnings call, the company said it is "maintaining a cautious view for the remainder of the year in light of continued elevated cost trends and the potential for macro headwinds." Shares of CVS Health were down 5.7% in Wednesday morning trading. Continue reading