CVS Health Returns to Profit in Q3 and Revises FY26 Outlook
CVS reported a third-quarter profit versus a year-earlier loss, citing the absence of a $5.7 billion goodwill impairment charge and higher revenue. The company also revised its fiscal 2026 outlook; the revised figures were not provided.
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12:32:20 PM UTC
SquawkNews
CVS Health Corporation reported its financial results for the third quarter of 2026, achieving $108.4 billion in revenue, representing a 5.4% year-over-year increase. The company reported net income of $2.172 billion, marking a turnaround from a loss in the same period last year. Driven by improved segment performance and the absence of a major impairment, the company also raised its full-year 2026 financial guidance. These results reflect the company's ongoing efforts to optimize its healthcare services and retail pharmacy operations.
WOONSOCKET (dpa-AFX) - CVS Health Corp. (CVS) 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 revised fiscal 2026 outlook.In pre-market activity on…