We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Cigna Corp. (CI - Free Report) is a national health benefits company with a comprehensive portfolio of businesses which includes Employee Healthcare, Disability and Life.
Its organizational efficiency plans as well as expansion of Seniors and Medicare business position it well for long run.
The company has a large international presence, which provides diversification benefits.
Cigna is due to be acquired by Anthem Inc. The merger, however, is wrapped in uncertainty with the DoJ opposing to the merger on grounds that the deal would curb competition in the market.
With respect to earnings surprise, Cigna surpassed estimates in three of the past four quarters with an average earnings miss of 0.29%.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: Cigna surpassed the earnings estimate. Our consensus called for earning per share of $1.74, and the company reported earnings of $1.87 per share. Earnings per share were, however, flat year over year.
Revenue: Operating revenues of $9.88 billion also surpassed the Zacks Consensus Estimate of $9.59 billion. Revenues also grew 3.2% year over year.
Premiums of $7.6 billion increased 2.1% year over year, while mail order pharmacy revenues increased 10%
Total Medical Customers totaled 15.2 million as on Dec 31, 2016.
Cigna updated its 2017 earnings guidance. It expects earning per share in the range of $9.00 to $9.50. It expects revenues to grow 2% to 3%. The company expects global medical customer growth within a range of 0.3 million to 0.5 million..
Check back later for our full write up on this CI earnings report later!
Zacks’ Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.Click here for Zacks' private trades >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Cigna (CI) Beats on Q4 Earnings & Revenues
Cigna Corp. (CI - Free Report) is a national health benefits company with a comprehensive portfolio of businesses which includes Employee Healthcare, Disability and Life.
Its organizational efficiency plans as well as expansion of Seniors and Medicare business position it well for long run.
The company has a large international presence, which provides diversification benefits.
Cigna is due to be acquired by Anthem Inc. The merger, however, is wrapped in uncertainty with the DoJ opposing to the merger on grounds that the deal would curb competition in the market.
With respect to earnings surprise, Cigna surpassed estimates in three of the past four quarters with an average earnings miss of 0.29%.
Currently, Cigna has a Zacks Rank #3 (Hold), but that could definitely change following Cigna earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: Cigna surpassed the earnings estimate. Our consensus called for earning per share of $1.74, and the company reported earnings of $1.87 per share. Earnings per share were, however, flat year over year.
Revenue: Operating revenues of $9.88 billion also surpassed the Zacks Consensus Estimate of $9.59 billion. Revenues also grew 3.2% year over year.
Cigna Corporation Price and EPS Surprise
Cigna Corporation Price and EPS Surprise | Cigna Corporation Quote
Key Stats to Note:
Premiums of $7.6 billion increased 2.1% year over year, while mail order pharmacy revenues increased 10%
Total Medical Customers totaled 15.2 million as on Dec 31, 2016.
Cigna updated its 2017 earnings guidance. It expects earning per share in the range of $9.00 to $9.50. It expects revenues to grow 2% to 3%. The company expects global medical customer growth within a range of 0.3 million to 0.5 million..
Check back later for our full write up on this CI earnings report later!
Zacks’ Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.Click here for Zacks' private trades >>