Cigna Q3 Earnings Beat on Client Wins & Specialty Business Strength

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 ...