Cigna Corp. Q2 adjusted earnings Beat Estimates

Cigna Corp. (CI) released earnings for second quarter that declined from last year.

The company's bottom line came in at $1.47 billion, or $4.25 per share. This compares with $1.75 billion, or $4.73 per share, in last year's second quarter.

Excluding items, Cigna Corp. reported adjusted earnings of $1.81 billion or $5.24 per share for the period.

Analysts had expected the company to earn $4.96 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.9% to $43.11 billion from $39.21 billion last year.

Cigna Corp. earnings at a glance:

-Earnings (Q2): $1.81 Bln. vs. $2.15 Bln. last year.
-EPS (Q2): $5.24 vs. $5.81 last year.
-Analysts Estimate: $4.96
-Revenue (Q2): $43.11 Bln vs. $39.21 Bln last year.

Full year EPS guidance: $20.20
Full year revenue guidance: $170 Bln

For comments and feedback contact: editorial@rttnews.com

Follow RTT