30.07.2020 12:15:46

Cigna Corp. Q2 adjusted earnings Beat Estimates

(RTTNews) - Cigna Corp. (CI) reported earnings for its second quarter that increased from the same period last year.

The company's profit totaled $1.75 billion, or $4.73 per share. This compares with $1.41 billion, or $3.70 per share, in last year's second quarter.

Excluding items, Cigna Corp. reported adjusted earnings of $2.15 billion or $5.81 per share for the period.

Analysts had expected the company to earn $5.15 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.0% to $39.21 billion from $34.38 billion last year.

Cigna Corp. earnings at a glance:

-Earnings (Q2): $2.15 Bln. vs. $1.64 Bln. last year. -EPS (Q2): $5.81 vs. $4.30 last year. -Analysts Estimate: $5.15 -Revenue (Q2): $39.21 Bln vs. $34.38 Bln last year.

-Guidance: Full year EPS guidance: $18.00 to $18.60 Full year revenue guidance: $154 - $156 Bln

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