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Stock impact report

Cigna tops estimates in Q1, expands worker and customer aid programs during coronavirus pandemic [MarketWatch]

Cigna Corporation (CI) 
Last cigna corporation earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: cigna.com/about-us/investors
Company Research Source: MarketWatch
Health insurer Cigna Corp. said Thursday it had net income of $1.181 billion, or $3.15 a share, in the first quarter, down from $1.368 billion, or $3.56 a share, in the year-earlier period. Adjusted per-share earnings including a tax benefit came to $4.69, ahead of the $4.36 FactSet consensus. Revenue rose to $38.469 billion from $37.946 billion, also ahead of the FactSet consensus of $37.094 billion. Total pharmacy customers rose to 78.8 million in the quarter from 74.9 million a year ago. Total medical customers rose to 17.2 million from 16.9 million. In response to the coronavirus pandemic, Cigna has waived customer out-of-pocket costs through May 31, including diagnostic testing and office visits or telehealth sessions, it has not requested any money under the CARES Act, it is offering free shipping of supplies, deployed technicians to telehealth provider MDLIVE, expanded its employee assistance program, launched a furlough package that includes prescription savings and a dental s Show less Read more
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