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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 | |
|---|---|---|---|---|---|---|---|---|
| -0.04 | -0.01% | 354.47 | 355.15 | 351.415 | 352.50 | 829,721 | 22:50:52 |
From Apr 2021 to Apr 2024
By Matt Grossman
Cigna Corp. on Friday raised its full-year earnings projection, although the company noted it expects to record a net unfavorable impact from the Covid-19 pandemic in the year.
The Bloomfield, Conn.-based healthcare company now expects full-year adjusted earnings of at least $20.20 a share, an increase of 20 cents from previous guidance. Analysts surveyed by FactSet had been forecasting full-year adjusted earnings of $20.27 a share.
The Covid-19 pandemic will lead to a forecast net unfavorable outlook of about $1.25 a share, the company predicted.
Cigna also raised its guidance for medical-customer growth. It now expects medical customers to increase by at least 350,000, compared with a previous estimate of at least 325,000.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
May 07, 2021 06:32 ET (10:32 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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