Cigna Corp. Q3 adjusted earnings Beat Estimates

Cigna Corp. (CI) reported earnings for its third quarter that rose from the same period last year.

The company's bottom line totaled $1.62 billion, or $4.80 per share. This compares with $1.39 billion, or $3.78 per share, in last year's third quarter.

Excluding items, Cigna Corp. reported adjusted earnings of $1.94 billion or $5.73 per share for the period.

Analysts had expected the company to earn $4.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.6% to $44.31 billion from $40.80 billion last year.

Cigna Corp. earnings at a glance:

-Earnings (Q3): $1.94 Bln. vs. $1.62 Bln. last year.
-EPS (Q3): $5.73 vs. $4.41 last year.
-Analysts Estimate: $4.41
-Revenue (Q3): $44.31 Bln vs. $40.80 Bln last year.

by RTTNews Staff Writer

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