Cigna Corp. (CI) announced a profit for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $1.17 billion, or $3.83 per share. This compares with $1.12 billion, or $3.39 per share, in last year's fourth quarter.
Excluding items, Cigna Corp. reported adjusted earnings of $1.51 billion or $4.96 per share for the period.
Analysts on average had expected the company to earn $4.86 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 0.1% to $45.74 billion from $45.68 billion last year.
Cigna Corp. earnings at a glance (GAAP) :
-Earnings (Q4): $1.17 Bln. vs. $1.12 Bln. last year.
-EPS (Q4): $3.83 vs. $3.39 last year.
-Analyst Estimate: $4.86
-Revenue (Q4): $45.74 Bln vs. $45.68 Bln last year.
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