Cigna (CI) came out with quarterly earnings of $6.72 per share, beating the Zacks Consensus Estimate of $6.42 per share. This compares to earnings of $6.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 4.67%. A quarter ago, it was expected that this health insurer would post earnings of $6.17 per share when it actually produced earnings of $6.47, delivering a surprise of 4.86%. Over the last four quarters, the company has s ...

Exhibit 99.1 Press Release INVESTOR RELATIONS CONTACT: Ralph Giacobbe 860-787-7968 Ralph.Giacobbe@TheCignaGroup.com MEDIA CONTACT: Justine Sessions 860-810-6523 Justine.Sessions@Evernorth.com The Cigna Group Reports Strong Second Quarter 2024 Results • Total revenues for the second quarter 2024 increased 25% to $60.5 billion • Shareholders' net income for the second quarter 2024 was $1.5 billion, or $5.45 per share • Adjusted income from operations for the second quarter 2024 was $1.9 billion, or $6.72 per ...

The Cigna Group reported $1.5 billion in second quarter 2024 profits as the diversified provider of ... [+] health insurance and services reaped new clients buying the company's medical and pharmacy benefits. In this photo is The Cigna Group headquarters in Bloomfield, Connecticut, US, on Friday, Oct. 27, 2023. Photographer: Joe Buglewicz/Bloomberg © 2023 Bloomberg Finance LP The Cigna Group reported $1.5 billion in second quarter profits as the diversified provider of medical insurance, pharmacy benefits a ...

Total revenues for the second quarter 2024 increased 25% to $60.5 billion Shareholders' net income for the second quarter 2024 was $1.5 billion, or $5.45 per share Adjusted income from operations1 for the second quarter 2024 was $1.9 billion, or $6.72 per share 2024 outlook2 for adjusted income from operations1,2 is at least $28.40 per share BLOOMFIELD, Conn., Aug. 1, 2024 /PRNewswire/ -- Global health company The Cigna Group (NYSE: CI) today reported strong second quarter 2024 results reflecting broad-base ...

The Zacks Consensus Estimate for Cigna's second-quarter earnings per share is pegged at $6.42, which indicates growth of 4.7% from the prior-year quarter's reported figure. The estimate decreased 5 cents in the past 60 days. The consensus mark for revenues is pegged at $58.5 billion, indicating 20.3% growth from the year-ago quarter's reported number. Image Source: Zacks Investment Research The consensus mark for Evernorth's revenues indicates a 24% year-over-year jump, whereas our model predicts an 18.7% i ...

The U.S. health insurance industry, commonly referred to as the Health Maintenance Organization (HMO), benefits from a steady membership base through cost-effective plans and numerous contract wins from federal and state authorities. An aging U.S. population boosts the demand for Medicare plans, which insurers leverage to attract seniors and ensure premium flow. Technological advancements, which initially increase expenses, in telehealth enhance care delivery and operational efficiency, reducing healthcare ...

Commits $9M in Grants to Reduce Health Disparities beginning with the Houston, TX and Hartford, CT Communities BLOOMFIELD, Conn., July 22, 2024 /PRNewswire/ -- As part of its ongoing commitment to community health and vitality, global health company The Cigna Group (NYSE: CI) today announced the creation of The Cigna Group Health Equity Impact Fund, a community program in which The Cigna Group Foundation will commit $9 million over three years to reduce key health barriers by specifically targeting health d ...

Commits $9M in Grants to Reduce Health Disparities beginning with the Houston, TX and Hartford, CT Communities "We are committed to advancing health equity in Houston, as it has some of the starkest health disparities nationwide, especially among people of color," said Melissa Skottegaard, board chair of The Cigna Group Foundation. "We'll start by addressing those key social determinates of health – things like food, transportation and access to equitable care – to ensure that those who are underserved thro ...

The second-quarter 2024 earnings season for healthcare stocks is in full swing now. Per early reports, rising patient volumes, revenue per patient days, utilization, premium rate hikes coupled with rising demand for affordable healthcare plans and technological enhancements have led to growth in healthcare stocks, which is part of the broader Zacks Medical sector (one of the 16 broad Zacks sectors within the Zacks Industry). While there were positives, increasing expenses due to increased utilization partly ...

This report provides insight into Cigna Group's tech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts. The Cigna Group (Cigna) is a health service company that offers integrated health plans and services such as medical, dental, disability, life and accident insurance and related products and services. Its major services include commercial medical health plans, government health plans, and ...