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CI Cigna Group

341.50
-3.00 (-0.87%)
04 May 2024 - Closed
Delayed by 15 minutes
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

Cigna Sees Adjusted Revenue Growth, Pandemic Impact in 2021

04/02/2021 11:52am

Dow Jones News


Cigna (NYSE:CI)
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By Matt Grossman

 

Cigna Corp. said Thursday it expects to adjusted revenue growth and a full-year profit in 2021 in guidance that includes a continuing impact from the Covid-19 pandemic.

The Bloomfield, Conn.-based health-care company said its adjusted revenue would be at least $165 billion in 2021, compared with $160.07 billion in 2020.

Its full-year adjusted profit would be at least $20 a share, Cigna forecast. That estimate includes a per-share unfavorable impact from Covid-19 of $1.25, Cigna said.

Analysts surveyed by FactSet had been projecting a full-year adjusted profit of $20.61 a share and revenue of $164.4 billion.

Cigna said its adjusted income attributable to its Evernorth health-services segment would be at least $5.6 billion, with at least $3.8 billion of profit from its U.S. medical division.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

February 04, 2021 06:37 ET (11:37 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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