CVS boosts 2021 profit forecast after strong first-quarter, shares rise Reuters | May 04, 2021 08:56 PM EDT People walk by a CVS Pharmacy store in the Manhattan borough of New York City, New York, (Photo : REUTERS/Shannon Stapleton) CVS Health Corp on Tuesday boosted its 2021 adjusted profit forecast as it expects to record higher earnings from its health insurance and pharmacy benefits management (PBM) units this year, and its shares jumped more than 4%. The company, best known for its national chain of retail drugstores, said it now expects 2021 adjusted profit of $7.56 to $7.68 per share, from its previous view of $7.39 to $7.55. Advertisement Like Us on Facebook