CVS beats estimates, hikes adjusted profit outlook on retail pharmacy and insurance unit strength
1. CVS reported quarterly earnings exceeding estimates, raising profit outlook. 2. Fiscal 2025 adjusted earnings expected at $6.30 to $6.40 per share. 3. Retail pharmacy and insurance units showed improvement despite overall business pressure. 4. Health services segment decline noted, linked to rising medical costs. 5. CEO highlights technological investments and efficiency improvements in pharmacy operations.