CVS Boosts 2025 Profit Outlook, Takes $5.7 Billion Charge (3)

CVS Health Corp. raised its 2025 profit guidance for a third time in less than six months, a sign that it’s set a new foundation a year into Chief Executive Officer David Joyner’s tenure following challenges in its insurance business.

The health care conglomerate posted third-quarter adjusted earnings of $1.60 per share, it said in a statement Wednesday, beating analyst expectations, and boosted its full year adjusted earnings to as much as $6.65 a share.

CVS will give 2026 guidance at an investor day on Dec. 9, and right now expects adjusted earnings per share for 2026 to have ...