Health insurer Cigna's profit beats estimates, reaffirms profit goal for 2020, 2021 [Reuters]
Cigna Corporation (CI)
Last cigna corporation earnings: 4/30 06:00 am
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Source: Reuters
Health insurer Cigna's profit beats estimates, reaffirms profit goal for 2020, 2021 (Reuters) - Cigna Corp ( CI.N ) on Thursday reported quarterly profit that exceeded expectations and backed its profit forecast for the next two years, benefiting from strength in its Express Scripts pharmacy business that fills prescriptions. Shares of the health insurer rose 3% to $201.89 before the opening bell. Rivals UnitedHealth Group Inc ( UNH.N ), Anthem Inc ( ANTM.N ) and Humana Inc ( HUM.N ) also reaffirmed their profit estimates for 2020, even as they warned of higher costs from resumption in elective surgeries deferred due to the COVID-19 pandemic. While health insurers benefit from the deferred health care in the first half of the year, the gains could be short lived, depending on how quickly the virus outbreak subsides and the healthcare business returns to near normal, according to a Reuters analysis. Some U.S. states such as Ohio and Florida have already disclosed plans to resum
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CI
Sec Filings
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- 11/5/25 - Form SCHEDULE
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