Dec 9 (Reuters) - CVS Health (CVS) on Tuesday forecast 2026 profit above Wall Street estimates and this year's projected earnings, signalling steady progress in the health conglomerate's turnaround plan.
CVS stock rose 5% in early trading on Tuesday.
The company in October projected double-digit earnings growth for 2026 after raising its 2025 profit forecast for the third time.
"We are closing out 2025 with meaningful momentum across our businesses and we expect another year of strong earnings growth in 2026," said Chief Financial Officer Brian Newman on Tuesday.
The company forecast 2026 adjusted profit to be in the range of $7.00 to $7.20 per share, compared with analysts' average estimate of $7.16, according to data compiled by LSEG.
It, however, expects total revenue of at least $400 billion next year, below analysts' average estimate of $419.26 billion.
CVS also raised its 2025 adjusted profit forecast to $6.60 to $6.70 per share from $6.55 to $6.65 previously.
(Reporting by Sneha S K in Bengaluru; Editing by Shinjini Ganguli)
最近の投稿
- 1
Everyday Seasonal Positions That Compensate Fairly in the US - 2More charges filed against ex-left-wing RAF member Daniela Klette
- 3Beddings of 2024: Track down Your Ideal Fit for a Tranquil Rest
- 4The Benefits of Effective money management for Your Youngsters' Future Monetary Prosperity
- 5Viable Correspondence: Building Solid Connections
- Cheetos and Doritos to launch new versions without artificial dyes
- Shredded cheese recall: Multiple brands sold at Aldi, Target and Walmart affected over potential metal fragment contamination
- Three arrested in Paris after attempted bomb attack outside Bank of America
- Hoist Your Style: Famous Hairdos for Ladies
- Grasping the Elements of Medical caretaker Pay rates: Factors That Shape Your Pay
- Vote In favor of Your Favored Web-based Visual depiction Administration
- The German series proving subtitles can be sexy — and wildly addictive
- The risk of falling space junk hitting airplanes is on the rise, experts warn
- I’m a doctor. Here are 10 science-backed tips to help you get healthier.
