CVS Health raised its annual adjusted profit forecast, reporting a net loss of $3.13 per share for the third quarter. The $5.73 billion writedown includes restructuring Oak Street Health and Signify Health, both Medicare-focused businesses. Despite industry pressures, CVS raised its adjusted full-year earnings growth forecast. CEO David Joyner emphasized cautious management of risks in health insurance and healthcare delivery. The company reported an adjusted quarterly profit of $1.60 per share, beating estimates. CVS raised its full-year 2025 profit outlook and acquired 9 million customers through its purchase of Rite Aid’s pharmacies. Total revenue for the quarter rose 7.8% to $102.9 billion.

Read more at Yahoo Finance: CVS raises full-year forecast, takes $5.7 billion impairment charge on health clinics