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CVS Health Posts Better-Than-Expected Earnings, Joins CommScope, Microsoft, Meta, Chart Industries, And Other Big Stocks Moving Higher On Thursday

Benzinga·05/01/2025 15:36:36
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U.S. stocks were higher, with the Dow Jones index gaining around 400 points on Thursday.

Shares of CVS Health Corporation (NYSE:CVS) rose sharply during Thursday's session after the company reported better-than-expected first-quarter results and raised FY25 EPS guidance.

CVS Health reported first-quarter sales of $94.59 billion on Thursday, beating the consensus of $93.64 billion. Total revenues increased 7% year over year, driven by revenue growth across all segments.

CVS Health posted adjusted EPS of $2.25 for Q1, a sharp rise from $1.31 a year earlier and well above Wall Street’s $1.70 estimate.

CVS Health shares jumped 6.5% to $71.11 on Thursday.

Here are some other big stocks recording gains in today’s session.

  • Cantor Equity Partners, Inc. (NASDAQ:CEP) surged 28% to $53.98.
  • E2open Parent Holdings, Inc. (NASDAQ:ETWO) shares jumped 26.4% to $2.4901.
  • CommScope Holding Company, Inc. (NASDAQ:COMM) gained 24.4% to $4.6550 following better-than-expected quarterly earnings.
  • MediaAlpha, Inc. (NYSE:MAX) rose 19.7% to $10.06 following strong quarterly sales.
  • Lotus Technology Inc. (NASDAQ:LOT) gained 19.6% to $1.9500.
  • Advanced Energy Industries, Inc. (NASDAQ:AEIS) rose 16.7% to $113.72 after the company reported better-than-expected first-quarter financial results and issued second-quarter sales guidance above estimates. Additionally, Needham maintained a Buy rating on the stock and Baird maintained an Outperform rating.
  • MYR Group Inc. (NASDAQ:MYRG) gained 16.2% to $142.09 following upbeat quarterly earnings.
  • CONMED Corporation (NYSE:CNMD) rose 16.1% to $57.01 after the company reported better-than-expected first-quarter financial results and raised its FY25 guidance.
  • CoreWeave (NASDAQ:CRWV) gained 15.3% to $47.60.
  • Chart Industries, Inc. (NYSE:GTLS) rose 14.2% to $154.11 after the company reported better-than-expected first-quarter adjusted EPS results and issued FY25 adjusted EPS guidance above estimates. Also, the company issued FY25 sales guidance with its midpoint above estimates.
  • TTM Technologies, Inc. (NASDAQ:TTMI) gained 13.4% to $22.70 after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates.
  • Frontdoor, Inc. (NASDAQ:FTDR) rose 13.3% to $46.56 after the company reported better-than-expected first-quarter financial results and raised tis FY25 sales guidance above estimates.
  • Quanta Services, Inc. (NYSE:PWR) gained 12.4% to $329.11 after the company reported better-than-expected first-quarter financial results and raised its FY25 guidance with its midpoint above estimates.
  • ATI Inc. (NYSE:ATI) rose 12% to $60.87 after the company reported better-than-expected quarterly financial results and raised its FY25 adjusted EPS guidance.
  • Carrier Global Corporation (NYSE:CARR) gained 10.4% to $69.07 after the company reported better-than-expected first-quarter financial results and raised its FY25 guidance.
  • Vertiv Holdings Co (NYSE:VRT) rose 9.7% to $93.67.
  • Microsoft Corporation (NASDAQ:MSFT) gained 9.6% to $433.29 following strong quarterly earnings.
  • MasTec, Inc. (NYSE:MTZ) rose 8.2% to $137.75.
  • CNH Industrial N.V. (NYSE:CNH) gained 8.2% to $12.52 following quarterly results.
  • Comfort Systems USA, Inc. (NYSE:FIX) jumped 7.4% to $427.31.
  • Carvana Co. (NYSE:CVNA) gained 6.4% to $260.16.
  • Hyatt Hotels Corporation (NYSE:H) rose 6.2% to $119.61 following upbeat results.
  • Meta Platforms, Inc. (NASDAQ:META) gained 5.6% to $580.00 following strong quarterly results.

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