You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

Market Movers

CVS quarterly earnings soar 25 percent

CVS says 81 percent of prescriptions filled at its pharmacies are now generics.

Reuters/File 2010

CVS says 81 percent of prescriptions filled at its pharmacies are now generics.

Continue reading below

CVS Caremark’s earnings rose 25 percent as generic drugs and an improving pharmacy benefits management business let it beat forecasts. CVS also raised its 2013 earnings outlook, and investors pushed the stock to another record high. CVS earned $1.25 billion, or $1.02 per share, in the quarter ended Sept. 30. Revenue climbed nearly 6 percent to $31.97 billion. CVS now expects 2013 adjusted earnings of $3.94 to $3.97 per share, up from a previous forecast of $3.90 to $3.96.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com
Already a subscriber?
Your city. Your stories. Your Globe.
Yours FREE for two weeks.
Enjoy free unlimited access to Globe.com for the next two weeks.
Limited time only - No credit card required!
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.
Thanks & Welcome to Globe.com
You now have unlimited access for the next two weeks.
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.