The postponed procedures led to lower benefit costs for the company's Aetna insurance arm, a main reason net income jumped 55% to
The virus outbreak shut down most of the economy in the second quarter, which meant fewer surgery bills or other big claims. At least some of those postponed procedures are expected to ramp up again this year.
The care delays also hurt
The
That's better than the
Total revenue climbed 3% to
The company saw total pharmacy claims rise more than 3% for its pharmacy management business. But the drugstore side filled fewer prescriptions and also saw a drop in revenue from store areas outside the pharmacy, due to fewer customer visits.
CVS now anticipates full-year adjusted earnings between
Analysts expect, on average, earnings of
Shares of
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