Health services company Cigna Corporation (CI) reported net income of $1.161 billion, or $3.30 per share in the first quarter compared with $1.181 billion, or $3.15 per share in the same quarter a year ago.
Excluding items, adjusted earnings were $1.664 billion, or $4.73 per share compared with compared with $1.758 billion, or $4.69 per share last year. On average, twenty analysts expected the company to report earnings of $4.38 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter increased to $40.971 billion from $38.469 in the comparable quarter a year ago. The consensus estimate was for $40.24 billion.
Looking forward to the full-year 2021, Cigna expects revenue to be slightly better than the estimates. Revenue for the full-year is expected to be at lest $166 billion. This compares with the consensus estimate of $165.76 billion.
The company sees earnings in the full-year to be at least $20.20 per share. Analysts expect earnings of $20.26 per share for the period.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.