Cigna Corp. (NYSE:CI) Reports 2Q18 Earnings results; Topline up 11%; Tops Estimate

Cigna Corp

Cigna Corp. (NYSE:CI) reported net income for the second quarter of $ 955.00 million or $ 3.89 per share, compared to income $ 750.00 million or $ 2.91 per share for the year-ago quarter.

The Bloomfield, Connecticut based company recorded operating revenue for second quarter rose 11% to $ 11.50 billion from $ 10.37 billion in the same quarter last year.

Analysts polled by Thomson Reuters expected CI to report income of $ 3.33 per share on revenue of $ 11.15 billion for the second quarter.

David M. Cordani, President and CEO, said, Cigna continues to deliver innovative solutions that expand choice, transparency and quality for our customers and clients. Our strong second quarter results once again reflect the consistent effective execution of our global strategy, which will be further enhanced through our pending combination with Express Scripts.

Looking ahead, Cigna anticipates full year 2018 diluted earnings of $13.60 to $13.90 per share.

Be the first to comment

Leave a Reply