Increasing supplier diversity: Late last year, The Cigna Group surpassed its goal of $1 billion in annual spending with small and diverse businesses in the United States by roughly $400 million, about 2 years ahead of schedule. The Cigna Group has expanded its commitment to spend even more with diverse suppliers: $1.6 billion annually in 2025. Building healthier communities: The Cigna Group remains committed to improving the health and vitality of the communities it serves through charitable giving. The com ...

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The Cigna Group (CI) posted better-than-expected first-quarter 2024 earnings, driven by a well-performing Evernorth Health Services segment, which, in turn, received an impetus from strength in Specialty and Care Services businesses and operational efficiencies. Premium rate increases also aided the Cigna Healthcare business. However, the upside was partly offset by escalating pharmacy expenses and a decline in customer base within the Cigna Healthcare unit. Nevertheless, a hiked adjusted earnings per share ...

Confidential, unpublished property of The Cigna Group. Do not duplicate or distribute. Use and distribution limited solely to © 2024 The Cigna Group authorized personnel. © 2024 The Cigna Group This presentation, and oral statements made in connection with this presentation, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on The Cigna Group's current expectations and projections about future trends, event ...

The Cigna Group (NYSE:CI) Q1 2024 Earnings Call Transcript May 2, 2024 8:30 AM ET Company Participants Ralph Giacobbe - SVP of IR David Cordani - Chairman and CEO Brian Evanko - CFO, and President and CEO, Cigna Healthcare Eric Palmer - President and CEO, Evernorth Health Services Conference Call Participants Justin Lake - Wolfe Research Lisa Gill - JPMorgan Andrew Mok - Barclays Scott Fidel - Stephens Sarah James - Cantor Kevin Fischbeck - Bank of America A.J. Rice - UBS George Hill - Deutsche Bank Erin Wr ...

OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38769 For the transition period from _____ to _____ The Cigna Group (Exact name of registrant as specified in its charter) Delaware 82-4991898 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting compa ...

Cigna (CI) came out with quarterly earnings of $6.47 per share, beating the Zacks Consensus Estimate of $6.17 per share. This compares to earnings of $5.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.86%. A quarter ago, it was expected that this health insurer would post earnings of $6.52 per share when it actually produced earnings of $6.79, delivering a surprise of 4.14%.Over the last four quarters, the company has sur ...

INVESTOR RELATIONS CONTACT: Ralph Giacobbe 860-787-7968 Ralph.Giacobbe@TheCignaGroup.com • Total revenues for the first quarter 2024 were $57.3 billion • 2024 outlook for adjusted income from operations increased to at least $28.40 per share Shareholders' net loss for first quarter 2024 was $0.3 billion, or $0.97 per share, including a non-cash after-tax investment loss of $1.8 billion, or $6.31 per share, related to the impairment of VillageMD equity securities. This compares with shareholders' net income ...

Total revenues for the first quarter 2024 were $57.3 billion Shareholders' net loss for the first quarter 2024 was $0.3 billion, or $0.97 per share Adjusted income from operations1 for the first quarter 2024 was $1.9 billion, or $6.47 per share 2024 outlook2 for adjusted income from operations1,2 increased to at least $28.40 per share BLOOMFIELD, Conn., May 2, 2024  /PRNewswire/ -- Global health company The Cigna Group (NYSE: CI) today reported strong first quarter 2024 results reflecting growth across it ...

Investors are always looking for stocks that are poised to beat at earnings season and The Cigna Group (CI) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Cigna is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator ...