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CVS Health Q3 Earnings Call Focuses on Planned Pharmacy Separation
Zacks Investment Research·
CVS Health announced plans to split into two independent publicly traded companies by the first half of 2028. The continuing CVS Health would retain Aetna, Caremark, and specialty pharmacy operations, while CVS Pharmacy would house retail stores and MinuteClinic. The company raised its 2026 adjusted EPS guidance to at least $8.20 and 2027 EPS to at least $8.65, driven by strong Aetna margin recovery and retail prescription growth, though Caremark faces 340B program headwinds and membership pressures in 2027.
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