EverNorth

Search documents
UnitedHealth vs. Cigna: Which Insurer to Buy Amid Sector Turmoil?
ZACKS· 2025-07-11 15:20
Key Takeaways UNH withdrew 2025 guidance and missed Q1 estimates amid surging medical costs and regulatory headwinds. CI raised full-year EPS guidance and gained momentum from divestments and stronger commercial client demand. CI trades at a lower P/E than UNH and offers a clearer risk-reward profile amid sector-wide volatility.UnitedHealth Group Incorporated (UNH) and The Cigna Group (CI) are two leading players in U.S. managed care insurance, offering health plans to employers, individuals and healthcar ...
The Cigna Group Foundation Addresses Mental Health and Housing Stability for Veterans with $3 Million in Grants
Prnewswire· 2025-07-08 10:00
Nonprofits are encouraged to apply now for 2025 funding The Cigna Group Foundation committed $9 million in 2024 to address veteran mental health, distributing $3 million each year through 2026 In first year, 23 grantees were awarded grants to help local veterans feel stable where they live, create positive impact on their mental healthBLOOMFIELD, Conn., July 8, 2025 /PRNewswire/ -- The Cigna Group Foundation, the philanthropic arm of The Cigna Group (NYSE: CI), announced today a new round of grants aimed a ...
The Cigna Group Foundation Announces Grants to 24 Nonprofits, Builds on Momentum to Help Address Youth Mental Health Crisis
Prnewswire· 2025-06-30 10:00
BLOOMFIELD, Conn., June 30, 2025 /PRNewswire/ -- The Cigna Group Foundation, the philanthropic arm of The Cigna Group (NYSE: CI), today announced its second round of grant recipients supporting youth mental health. As part of this grant program, The Cigna Group Foundation has allocated $9 million to nonprofit organizations over three years to positively impact the youth mental health crisis."Our kids and teens across the United States continue to struggle with mental health issues in the post-pandemic world ...
The Cigna Group's Second Quarter 2025 Earnings Release Details
Prnewswire· 2025-06-25 12:00
BLOOMFIELD, Conn., June 25, 2025 /PRNewswire/ -- Global health company The Cigna Group (NYSE: CI) will release its second quarter 2025 financial results on Thursday, July 31, 2025, and will host a conference call the same day. Second quarter 2025 financial results will be released no later than 6:30 a.m. Eastern Time (ET). Management will review these results on a conference call beginning at 8:30 a.m. ET. The call-in numbers are as follows: Live Call (888) 566-1889 (Domestic) (773) 799-3989 (International) ...
The Cigna Group Health Equity Impact Fund Opens 2025 Grants
Prnewswire· 2025-06-04 10:00
The Fund will distribute another $3 million to nonprofits to improve health outcomesBLOOMFIELD, Conn., June 4, 2025 /PRNewswire/ -- The Cigna Group Foundation today announced the second year of grants from its Health Equity Impact Fund. The initiative will allocate a total of $3 million to two cities: Hartford, Conn., where it began last year, and St. Louis, Mo., which struggles with significant health disparities among its adult residents."Creating healthier communities starts with supporting healthy habit ...
Cigna Q1 Earnings Beat Estimates on Evernorth Health Strength
ZACKS· 2025-05-02 18:41
The Cigna Group (CI) reported first-quarter 2025 adjusted earnings per share (EPS) of $6.74, which outpaced the Zacks Consensus Estimate by 5.5%. Also, the bottom line increased 4.2% year over year. (See the Zacks Earnings Calendar to stay ahead of market-making news.)Adjusted revenues improved year over year to $65.5 billion from $57.2 billion. The top line beat the consensus mark by 7.7%.The strong first-quarter results benefited from the rising relationship with existing clients and solid growth in Evern ...
Cigna CEO Says Strong Q1 Earnings, Increased Outlook Reflect Strength In Growth Platforms
Benzinga· 2025-05-02 13:28
Core Insights - Cigna Group reported first-quarter 2025 revenue of $65.45 billion, exceeding analyst estimates of $60.39 billion, with a year-over-year sales increase of 14% driven by existing client relationships and strong growth in specialty pharmacy services [1] - Adjusted earnings per share were $6.74, surpassing analysts' expectations of $6.35 [1] Revenue Breakdown - Evernorth Health Services, which includes Pharmacy Benefit and Specialty and Care Services, achieved first-quarter sales of $53.68 billion, reflecting a 16% increase [2] - Cigna Healthcare segment sales rose 9% to $14.48 billion, primarily due to premium rate increases to cover expected medical cost increases [3] Customer Metrics - Total medical customers decreased by 6% from December 31, 2024, to 18.04 million, largely due to the impact of the HCSC transaction; however, excluding this impact, customer numbers remained stable [4] - Total customer relationships reached 182.2 million as of March 31, 2025, with a 1% increase when excluding the HCSC transaction [4] - Total pharmacy customers increased by 3% to 122.3 million, attributed to new sales and expanded relationships [4] Future Outlook - Cigna anticipates fiscal 2025 adjusted income per share of $29.60, slightly up from the previous estimate of $29.50, aligning with consensus expectations [5] - Evernorth's adjusted income from operations is projected to be at least $7.2 billion, with Cigna Healthcare expected to contribute at least $4.125 billion [5] Financial Ratios - The Cigna Healthcare Medical Care Ratio (MCR) is expected to range between 83.2% to 84.2% [6] - The MCR for the first quarter of 2025 was reported at 82.2%, an increase from 79.9% a year ago, primarily due to higher stop-loss medical costs [7]
Cigna(CI) - 2025 Q1 - Earnings Call Transcript
2025-05-02 12:30
The Cigna Group (CI) Q1 2025 Earnings Call May 02, 2025 08:30 AM ET Company Participants Ralph Giacobbe - Senior VP - IRDavid Cordani - Chairman & Chief Executive OfficerBrian Evanko - President & COOAnn Dennison - EVP & CFOLisa Gill - Managing DirectorA.J. Rice - Managing DirectorCharles Rhyee - Managing DirectorAndrew Mok - DirectorJoshua Raskin - Partner - Managed Care & Providers Conference Call Participants Justin Lake - Analyst - Healthcare ServicesAnn Hynes - Senior Healthcare Services Equity Analyst ...
Curious about Cigna (CI) Q1 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2025-04-29 14:21
Core Viewpoint - Analysts forecast that Cigna (CI) will report quarterly earnings of $6.39 per share, reflecting a year-over-year decline of 1.2%, with revenues expected to reach $60.8 billion, an increase of 6.2% compared to the previous year [1] Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been adjusted upward by 0.5%, indicating a reassessment of initial projections by covering analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong relationship between earnings estimate revisions and short-term stock price performance [3] Revenue Forecasts - Analysts estimate 'Revenues- Net investment income' at $255.45 million, down 11.9% year-over-year [5] - 'Revenues- Premiums' are projected to be $10.60 billion, reflecting an 8.6% decline from the prior year [5] - 'Revenues- Evernorth Health Services' are expected to reach $50.54 billion, showing a 9.3% increase year-over-year [5] - 'Revenues- Pharmacy' are forecasted at $45.58 billion, indicating an 8.4% increase from the previous year [6] - 'Revenues- Cigna Healthcare' are expected to be $12.16 billion, down 8.5% year-over-year [6] - 'Revenues- Fees and Other' are projected to reach $3.84 billion, reflecting a 15.6% increase year-over-year [6] - 'Revenues- Evernorth Health Services- Pharmacy' are estimated at $47.34 billion, indicating a 9.7% increase year-over-year [7] Medical Care and Customer Metrics - The 'Medical Care Ratio - Cigna Healthcare' is expected to be 82.4%, up from 79.9% in the same quarter last year [7] - 'Medical Customers - Total' is estimated at 18.33 million, down from 19.18 million in the previous year [8] - 'Medical Customers - International Health administrative services' are projected at 441.84 thousand, compared to 433 thousand last year [8] - 'Covered Lives By Funding Type - Medical Customers - International Health insured' is expected to be 1.23 million, up from 1.19 million year-over-year [9] - The estimate for 'Medical Customers - U.S. Healthcare administrative services' stands at 13.67 million, slightly up from 13.62 million last year [9] Stock Performance - Over the past month, Cigna shares have returned +1.8%, while the Zacks S&P 500 composite has returned -0.8% [9]