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 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.

The company boosts its full-year guidance range for adjusted earnings on the heels of a strong second quarter.

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.