CI - Cigna Analysts Increase Their Forecasts After Upbeat Earnings | Benzinga
Cigna Corporation (NYSE: CI) reported better-than-expected fourth-quarter results and issued a strong revenue outlook on Friday.
Cigna reported fourth-quarter 2023 sales of $ 51.15 billion, up 12% Y/Y, beating the consensus of $48.89 billion, reflecting strong growth across Evernorth Health Services and Cigna Healthcare. Cigna Healthcare’s fourth quarter adjusted sales increased 17% Y/Y to $13 billion. The adjusted EPS of $6.79, up from $5.02 a year ago, beat the Wall Street estimate of $6.53, according to data from Benzinga Pro.
Cigna declared a cash quarterly dividend of $1.40 per share ...