CVS Health gives Wall Street a positive surprise with a strong 2025 forecast due to Medicare gains.
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CVS Health shared good news about its future. The company thinks it will make more money in 2025 than experts predicted. This is because its Medicare plans are doing better.
The company said its Medicare plans are getting better ratings. These plans are run by private companies but paid for by the government. Other health insurance companies are having problems with costs for these plans.
CVS Health made more money than expected in the first three months of the year. The company made $2.25 per share, which is up 60% from last year. The company's total income also went up by 7%.
For the whole year, CVS Health thinks it will make between $6 and $6.20 per share. This is more than the company predicted before. Experts think this is a good sign for the company.
CVS Health also said it will stop selling health insurance on the Affordable Care Act marketplace next year. The company's stock price went up after the announcement. The stock has been doing well in 2025 after a bad year in 2024.
Questions
What good news did CVS Health share about its future?
CVS Health thinks it will make more money in 2025 than experts predicted.
Why are CVS Health's Medicare plans doing better?
The Medicare plans are getting better ratings.
What did CVS Health say about its earnings for the first three months of the year?
CVS Health made $2.25 per share, which is up 60% from last year.
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