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Cigna(CI) - 2024 Q1 - Quarterly Report
2024-05-02 23:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number 001-38769 The Cigna Group (Exact name of registrant as specified in its charter) Delaware 82-4991898 (State or other jurisdiction o ...
Cigna (CI) Q1 Earnings and Revenues Beat Estimates
Zacks Investment Research· 2024-05-02 20:11
Cigna (CI) came out with quarterly earnings of $6.47 per share, beating the Zacks Consensus Estimate of $6.17 per share. This compares to earnings of $5.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.86%. A quarter ago, it was expected that this health insurer would post earnings of $6.52 per share when it actually produced earnings of $6.79, delivering a surprise of 4.14%.Over the last four quarters, the company has sur ...
Cigna(CI) - 2024 Q1 - Quarterly Results
2024-05-02 18:15
Exhibit 99.1 Press Release INVESTOR RELATIONS CONTACT: Ralph Giacobbe 860-787-7968 Ralph.Giacobbe@TheCignaGroup.com MEDIA CONTACT: Justine Sessions 860-810-6523 Justine.Sessions@Evernorth.com The Cigna Group Reports Strong First Quarter 2024 Results, Raises 2024 Outlook • Total revenues for the first quarter 2024 were $57.3 billion • Shareholders’ net loss for the first quarter 2024 was $0.3 billion, or $0.97 per share • Adjusted income from operations for the first quarter 2024 was $1.9 billion, or $6.47 p ...
The Cigna Group Reports Strong First Quarter 2024 Results, Raises 2024 Outlook
Prnewswire· 2024-05-02 18:00
Total revenues for the first quarter 2024 were $57.3 billion Shareholders' net loss for the first quarter 2024 was $0.3 billion, or $0.97 per share Adjusted income from operations1 for the first quarter 2024 was $1.9 billion, or $6.47 per share 2024 outlook2 for adjusted income from operations1,2 increased to at least $28.40 per share BLOOMFIELD, Conn., May 2, 2024 /PRNewswire/ -- Global health company The Cigna Group (NYSE: CI) today reported strong first quarter 2024 results reflecting growth across it ...
Why Earnings Season Could Be Great for Cigna Group (CI)
Zacks Investment Research· 2024-05-01 22:51
Investors are always looking for stocks that are poised to beat at earnings season and The Cigna Group (CI) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Cigna is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator ...
Analyzing How You Should Play Cigna (CI) Ahead of Q1 Earnings
Zacks Investment Research· 2024-05-01 00:56
The Cigna Group (CI) is set to sustain its earnings beat streak for the first quarter of 2024, the results for which are scheduled to be released on May 2, before the opening bell. Growth in commercial memberships and strengthening performance in Cigna Healthcare and Evernorth businesses are expected to continue driving its results.The combination of these factors, alongside other favorable conditions, is expected to have a positive impact on its stock performance, which has already been surpassing its peer ...
Why Cigna (CI) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-04-29 22:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Score ...
Unveiling Cigna (CI) Q1 Outlook: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-04-29 22:21
In its upcoming report, Cigna (CI) is predicted by Wall Street analysts to post quarterly earnings of $6.17 per share, reflecting an increase of 14.1% compared to the same period last year. Revenues are forecasted to be $56.64 billion, representing a year-over-year increase of 21.9%.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earn ...
New Report: Employers Play Critical Role in Curbing Today's Youth Mental Health Crisis
Prnewswire· 2024-04-26 19:00
Declining youth mental health persists, and many young people receive fragmented care Managing a child's mental health needs significantly impacts working parents, both personally and professionally Opportunity for employers to strengthen approach to family mental health, drive improved health outcomes The Cigna Group announced new, multiyear philanthropic and community engagement program to improve youth mental health BLOOMFIELD, Conn., April 26, 2024 /PRNewswire/ -- Many American children struggling wit ...
Evernorth announces Humira biosimilar available at $0 out of pocket for Accredo patients in June
Prnewswire· 2024-04-26 04:30
High- and low-concentration interchangeable biosimilar will be available, estimated to save individual patients around $3,500 on average per year Biosimilar price will be about 85% lower than Humira®* BLOOMFIELD, Conn., April 25, 2024 /PRNewswire/ -- In an important step toward driving long-term affordability and access to treatments for chronic and complex conditions, Evernorth Health Services announced that it will have a Humira® biosimilar available for $0 out of pocket for eligible patients of its sp ...