Cigna(CI)

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Cigna's Impressive Q3: 4 Compelling Reasons To Buy Now
Seeking Alpha· 2024-11-05 20:50
Analyst’s Disclosure: I/we have a beneficial long position in the shares of CI, ELV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The contents of this article, my previous articles, and my comments are for informational purposes only and may not be considered investmen ...
Cigna Healthcare, Infirmary Health Reach Medicare Advantage Agreement
Prnewswire· 2024-11-01 10:00
Infirmary's hospitals, facilities and doctors on Alabama's Gulf Coast are now in-network for Cigna Healthcare MA customersMOBILE, Ala., Nov. 1, 2024 /PRNewswire/ -- Cigna Healthcare and Mobile-based Infirmary Health have reached an agreement that allows Cigna Healthcare's Medicare Advantage (MA) customers to have in-network access to Infirmary Health's hospitals, facilities and doctors.The agreement includes value-based aspects that are focused on improving customer health, lowering costs and achieving high ...
Cigna (CI) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-10-31 21:01
For the quarter ended September 2024, Cigna (CI) reported revenue of $63.7 billion, up 29.8% over the same period last year. EPS came in at $7.51, compared to $6.77 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $59.83 billion, representing a surprise of +6.46%. The company delivered an EPS surprise of +4.02%, with the consensus EPS estimate being $7.22.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...
Cigna(CI) - 2024 Q3 - Quarterly Report
2024-10-31 17:36
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Large accelerated filer ☒ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number 001 ...
Cigna(CI) - 2024 Q3 - Earnings Call Transcript
2024-10-31 16:20
The Cigna Group (NYSE:CI) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Ralph Giacobbe - Senior Vice President of Investor Relations David Cordani - Chairman and Chief Executive Officer Brian Evanko - Chief Financial Officer and President and Chief Executive Officer, Cigna Healthcare Eric Palmer - President and Chief Executive Officer, Evernorth Health Services Conference Call Participants AJ Rice - UBS Justin Lake - Wolfe Research Ryan Langston - TD Cowen Lisa Gill - JPM ...
Cigna Q3 Earnings Beat on Client Wins & Specialty Business Strength
ZACKS· 2024-10-31 15:45
The Cigna Group (CI) reported third-quarter 2024 adjusted earnings per share (EPS) of $7.51, which beat the Zacks Consensus Estimate by 4%. The bottom line improved 10.9% year over year.Adjusted revenues were $63.7 billion, which climbed 29.8% year over year on the back of large client wins in the Evernorth Health Services segment. The top line outpaced the consensus mark by 6.5%.The strong quarterly results were driven by growth in the Specialty and Care Services businesses within the Evernorth Health Serv ...
Cigna (CI) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-31 12:26
Cigna (CI) came out with quarterly earnings of $7.51 per share, beating the Zacks Consensus Estimate of $7.22 per share. This compares to earnings of $6.77 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 4.02%. A quarter ago, it was expected that this health insurer would post earnings of $6.42 per share when it actually produced earnings of $6.72, delivering a surprise of 4.67%. Over the last four quarters, the company has s ...
Cigna(CI) - 2024 Q3 - Quarterly Results
2024-10-31 10:15
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 Third Quarter 2024 Results, Reaffirms 2024 Adjusted EPS Outlook • Total revenues for the third quarter 2024 increased 30% to $63.7 billion • Shareholders' net income for the third quarter 2024 was $0.7 billion, or $2.63 per share • Adjusted income from operations1 for the third quarter 20 ...
The Cigna Group Reports Strong Third Quarter 2024 Results, Reaffirms 2024 Adjusted EPS Outlook
Prnewswire· 2024-10-31 10:00
Total revenues for the third quarter 2024 increased 30% to $63.7 billion Shareholders' net income for the third quarter 2024 was $0.7 billion, or $2.63 per share Adjusted income from operations1 for the third quarter 2024 was $2.1 billion, or $7.51 per share Reaffirms 2024 outlook2 for adjusted income from operations1,2 of at least $28.40 per share BLOOMFIELD, Conn., Oct. 31, 2024 /PRNewswire/ -- Global health company The Cigna Group (NYSE: CI) today reported strong third quarter 2024 results demonstrating ...
Cigna Turns $739 Million Profit Despite $1 Billion Loss On VillageMD
Forbes· 2024-10-31 10:00
The Cigna Group reported a $700 million third quarter profit as the company's Evernorth health ... [+] services business deals with a $1 billion loss in value of its investment in doctor-staffed clinic operator VillageMD. Walgreens Boots Alliance The Cigna Group reported a $739 million third quarter profit despite a $1 billion loss on its investment in clinic operator VillageMD. On Thursday, Cigna reported a "non-cash investment loss" of $1 billion, or $3.69 per share, "related to VillageMD." That negativel ...