CVS falls after 2027 profit outlook eclipses raised 2026 forecast - CVS News | RalliesCVS falls after 2027 profit outlook eclipses raised 2026 forecast
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CVS• CVS falls after updated profit outlook
- Shares of health insurer CVS Health CVS.N fell 6.4% to $97.76.
- CVS Chief Financial Officer Brian Newman said on a call with investors that adjusted earnings of at least $8.44 per share "appears reasonable".
- Analysts estimate 2027 earnings of $8.40 per share, according to LSEG.
- CVS sees 2026 adjusted profit between $7.90 and $8.10 per share, compared with prior expectations of $7.30 to $7.50.
- The company's pharmacy benefit manager Caremark is also expected to see some membership decline next year.
- The stock is up 20% year to date.
