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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 |
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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