Reported about 16 hours ago
CVS Health reported record-high revenue for the third quarter and raised its full-year earnings outlook, indicating a strong turnaround under CEO David Joiner. Despite facing one-time charges of $5.7 billion and challenges in its primary care segment with Oak Street, CVS showed resilience as its stock surged over 80% year-to-date. Experts highlight that the company is focusing on patient services and improving its insurance performance.
Source: YAHOO