Daily Market Updates: CVS tops estimates and raises guidance as insurance unit improves

Earnings

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CVS tops estimates and raises guidance as insurance unit improves

CVS also said it will partner with Eli Lilly to make Zepbound and Foundayo available to eligible patients through the CVS Health app.

Reported · Written up by our desk · Results

CVS reported results that topped estimates and said it is raising its guidance, pointing to continued improvement in its insurance business, according to CNBC Markets.

Alongside the earnings and outlook update, the company announced a new collaboration with Eli Lilly.

Under the deal, Zepbound and Foundayo will be accessible to eligible patients through the CVS Health app, CNBC Earnings reported.

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