CVS Health Exceeds Quarterly Profit Expectations with Slowing Medical Costs
2025-02-12
Reuters
CVS Health has reported a better-than-expected quarterly profit, driven by a slowdown in medical cost increases and a significant boost in revenue from its pharmacy business. The healthcare conglomerate's fourth-quarter results showed a smaller decline in profit than anticipated, thanks to the slowing pace of medical cost growth and a strong performance in its pharmacy segment. This positive trend is expected to continue, with the company's focus on healthcare services and pharmacy operations contributing to its growth. Key factors such as healthcare costs and pharmacy services are likely to remain in focus.
