Cigna (CI) reported $51.15 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 11.8%. EPS of $6.79 for the same period compares to $4.96 a year ago.The reported revenue represents a surprise of +4.77% over the Zacks Consensus Estimate of $48.82 billion. With the consensus EPS estimate being $6.52, the EPS surprise was +4.14%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine thei ...

Cigna (CI) came out with quarterly earnings of $6.79 per share, beating the Zacks Consensus Estimate of $6.52 per share. This compares to earnings of $4.96 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.14%. A quarter ago, it was expected that this health insurer would post earnings of $6.66 per share when it actually produced earnings of $6.77, delivering a surprise of 1.65%.Over the last four quarters, the company has sur ...

Shares of Cigna Group CI, +2.12% shot up 4% toward a 13-month high in premarket trading Friday, after the health care services company reported a fourth-quarter earnings beat and raised its dividend by 14%, as pharmacy and medical customers climbed. Net income came in at $2 billion, or $3.49 a share, after $1.53 billion, or $3.91 a share, in the year-go period. Excluding nonrecurring items, adjusted earnings per share rose to $6.79 from $5.02 to beat the FactSet consensus of $6.54. Revenue grew 11.7% to $5 ...

BLOOMFIELD, Conn., Feb. 2, 2024 /PRNewswire/ -- Total revenues for 2023 were $195.3 billion Shareholders' net income for 2023 was $5.2 billion, or $17.39 per share Adjusted income from operations1 for 2023 was $7.4 billion, or $25.09 per share 2024 adjusted income from operations1,2 is projected to be at least $8.025 billion, or at least $28.25 per share2 Board of Directors declared a 14% increase in the quarterly dividend to $1.40 per share Global health company The Cigna Group (NYSE: CI) today reported ...

Cigna Group (NYSE:CI) will report fourth-quarter earnings before the open on Friday, Jan. 2. The security was last seen up 0.9% to trade at $301.56 and is now pacing for its third-straight daily win, while sporting a 22.5% nine-month lead. In addition, a historically bullish trendline that could prop CI even higher, should this upcoming report go well. Per data from Schaeffer's Senior Quantitative Analyst Rocky White, CI is within one standard deviation of its 80-day trendline. The stock saw eight similar s ...

BLOOMFIELD, Conn., Jan. 31, 2024  /PRNewswire/ -- Global health company The Cigna Group (NYSE:CI) will be hosting its Investor Day on Thursday, March 7, 2024 in New York City. The event will begin at 8:30 a.m. ET featuring in-depth presentations on corporate strategy and financial targets. A live webcast of the presentation will be available at https://investors.thecignagroup.com/events-and-presentations/default.aspx in the Investor Relations section of The Cigna Group's website. To listen to this presentat ...

Transaction Expected to be Accretive to Adjusted EPS1 in 2025 The Cigna Group Reaffirms 2024 Outlook and Long-Term Adjusted EPS1 Growth Target of 10-13% BLOOMFIELD, Conn., Jan. 31, 2024 /PRNewswire/ -- Global health company The Cigna Group (NYSE: CI) today announced that it has entered into a definitive agreement whereby Health Care Service Corporation (HCSC) will acquire The Cigna Group's Medicare Advantage, Cigna Supplemental Benefits, Medicare Part D and CareAllies businesses, for a total transaction val ...

The Cigna Group is selling its Medicare health benefits businesses and a medical care provider ... [+] services operation for $3.3 billion to Health Care Service Corp., the parent of five Blue Cross and Blue Shield plans. In this July 9, 2014 picture is Blue Cross Blue Shield Tower where the offices of Health Care Service Corp. and Blue Cross and Blue Shield of Illinois are located. (Photo By Raymond Boyd/Getty Images)2014 Raymond BoydThe Cigna Group is selling its Medicare health benefits businesses and a ...

The Cigna Group (CI) is set to report its fourth-quarter 2023 results on Feb 2, before the opening bell. Increased pharmacy revenues and net investment income in the quarter are likely to be partially undone by higher benefits and expenses.Where Do the Estimates Stand?The Zacks Consensus Estimate for fourth-quarter earnings per share of $6.52 suggests a 31.5% increase from the prior-year figure of $4.96. The consensus mark remained stable over the past week. The consensus estimate for fourth-quarter revenue ...

The upcoming report from Cigna (CI) is expected to reveal quarterly earnings of $6.52 per share, indicating an increase of 31.5% compared to the year-ago period. Analysts forecast revenues of $48.82 billion, representing an increase of 6.7% year over year.Over the last 30 days, there has been a downward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of th ...