CI - The Cigna Group (CI) Q1 2024 Earnings Call Transcript
2024-05-02 12:13:05 ET
The Cigna Group (CI)
Q1 2024 Earnings Call Transcript
May 02, 2024, 08:30 AM ET
Company Participants
Ralph Giacobbe - SVP of IR
David Cordani - Chairman and CEO
Brian Evanko - CFO, and President and CEO, Cigna Healthcare
Eric Palmer - President and CEO, Evernorth Health Services
Conference Call Participants
Justin Lake - Wolfe Research
Lisa Gill - JPMorgan
Andrew Mok - Barclays
Scott Fidel - Stephens
Sarah James - Cantor
Kevin Fischbeck - Bank of America
A.J. Rice - UBS
George Hill - Deutsche Bank
Erin Wright - Morgan Stanley
Gary Taylor - Cowen
Lance Wilkes - Bernstein
Presentation
Operator
Ladies and gentlemen, thank you for standing by for the Cigna Group's First Quarter 2024 Results Review. At this time, all callers are in a listen-only mode. We will conduct a question-and-answer session later during the conference and we will review procedures on how to enter queue to ask questions at that time. [Operator Instructions] As a reminder, ladies and gentlemen, this conference, including the Q&A session, is being recorded. We'll begin by turning the conference over to Ralph Giacobbe. Please go ahead.
Ralph Giacobbe
Good morning. Thank you for joining today's call. I'm Ralph Giacobbe, Senior Vice President of Investor Relations. With me on the line this morning are David Cordani, The Cigna Group's Chairman and Chief Executive Officer; Brian Evanko, Chief Financial Officer of The Cigna Group and President and Chief Executive Officer of Cigna Healthcare; and Eric Palmer, President and Chief Executive Officer of Evernorth Health Services. In our remarks today, David and Brian will cover a number of topics, including our first-quarter financial results and our updated financial outlook for 2024. Following their prepared remarks, David, Brian, and Eric will be available for Q&A.
As noted in our earnings release, when describing our financial results, we use certain financial measures, including adjusted income from operations and adjusted revenues, which are not determined in accordance with accounting principles generally accepted in the United States, otherwise known as GAAP. A reconciliation of these measures to the most directly comparable GAAP measures, shareholders' net income or loss, and total revenues respectively is contained in today's earnings release, which is posted in the Investor Relations section of thecignagroup.com. We use the terms labeled adjusted income from operations and adjusted earnings per share on the same basis as our principal measures of financial performance.
In our remarks today, we will be making some forward-looking statements, including statements regarding our outlook for 2024 and future performance. These statements are subject to risks and uncertainties that could cause actual results to differ materially from our current expectations. A description of these risks and uncertainties is contained in the cautionary note to today's earnings release and in our most recent reports filed with the SEC....
The Cigna Group (CI) Q1 2024 Earnings Call Transcript