CVS Health topped Wall Street expectations for the second quarter and it's hiking its full-year forecast again, as the health care giant continued to rally under new management from a forgettable 2024.

CVS CEO David Joyner pointed to strength in its retail pharmacy and improvement in its insurance unit, Aetna, which is grappling with higher medical costs.

CVS Health Corp. raised its profit guidance for the year after posting strong results in its health insurance and pharmacy businesses, an encouraging sign after a spate of missteps by rival insurers.