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UPDATE 1-CVS Health beats second-quarter profit estimates on Aetna strength

(Adds details on Aetna business, compares with estimates)

Aug 7 (Reuters) - CVS Health Corp posted a better-than-expected quarterly profit on Wednesday, benefiting from higher sales in the Aetna health insurance business it acquired last year, and the company raised its full-year earnings forecast.

Shares of CVS rose 4% to $56.28 before the bell.

The company, which also runs drugstores and a pharmacy benefit management business, closed its $69 billion purchase of Aetna Inc in November.

CVS plans to bring more health services to its stores to tackle chronic conditions, one of the goals of combining the country's largest drugstore operator with one of the oldest health insurers.

Excluding items, CVS earned $1.89 per share, above the average analyst estimate of $1.69, according to IBES data from Refinitiv.

Operating costs rose 24.4% to $60.10 billion, as the company integrated Aetna into its operations.

CVS now expects full-year adjusted earnings per share of $6.89 to $7.00, compared with its previous forecast of $6.75 to $6.90.

The company reported net income of $1.94 billion, or $1.49 per share, for the second quarter ended June 30, compared with a loss of $2.56 billion, or $2.52 per share, a year earlier.

CVS had taken a $3.9 billion goodwill impairment charge related to its Omnicare business in the second quarter of 2018.

Total revenue rose 35.2% to $63.43 billion, ahead of estimates of $62.65 billion. (Reporting by Manas Mishra in Bengaluru; Editing by Maju Samuel)