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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Cigna Group | NYSE:CI | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -3.00 | -0.87% | 341.50 | 343.65 | 334.715 | 342.78 | 2,413,313 | 01:00:00 |
From May 2019 to May 2024
By Dave Sebastian
Cigna Corp. said its profit and revenue for the third quarter rose as elective care picked up after being deferred due to the Covid-19 pandemic.
The Bloomfield, Conn.-based health-care company Thursday posted net income of $1.39 billion, or $3.78 a share, compared with $1.35 billion, or $3.57 a share, in the year-earlier period. Adjusted earnings were $4.41 a share.
Analysts polled by FactSet had been expecting earnings of $3.25 a share, or $4.24 a share on an adjusted basis.
Revenue grew 6.22% to $40.96 billion. Analysts had been looking for $39.15 billion. Adjusted revenue was $40.8 billion.
Cigna said it expects 2020 adjusted earnings from operations of $18.30 to $18.60 a share on adjusted revenue of $158 billion. It previously targeted adjusted earnings from operations of $18 to $18.60 a share on adjusted revenue of $154 billion to $156 billion.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
November 05, 2020 06:43 ET (11:43 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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