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CVS Health lifts full-year earnings guidance
CVS Health has raised its full-year earnings guidance after reporting better-than-expected first-quarter results, driven by strong growth across all operating segments and improved adjusted operating income in its healthcare benefits segment. The company’s total revenue increased by 6.2% to $100.4 billion, with adjusted earnings per share of $2.57 surpassing consensus expectations. Consequently, CVS Health also upped its cash flow from operations guidance.