UBS Reiterates Buy on Cigna Corp. (CI) Following 3Q
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Go back to UBS Reiterates Buy on Cigna Corp. (CI) Following 3Q
November 9, 2015 8:01 AM EST
Wedbush maintained a Neutral rating on CIGNA (NYSE: CI), and cut the price target to $175.00 (from $186.00), following the company's 3Q15 earnings report. Adjusted EPS of $2.28, vs. consensus of $2.20, was driven by positive operating execution with better than expected SG&A improvement. 2015 EPS guidance was raised to $8.40-8.60 from $8.30-8.60 vs. consensus of $8.62.
Analyst Sarah James commented, "Adjusted EPS of $2.28 vs.... More
November 6, 2015 8:54 AM EST
Cigna (NYSE: CI) reported Q3 EPS of $2.28, $0.08 better than the analyst estimate of $2.20. Revenue for the quarter came in at $9.4 billion versus the consensus estimate of $9.51 billion.
Cigna sees FY2015 EPS of $8.40-$8.60, versus the consensus of $8.62.
For earnings history and earnings-related data on Cigna (CI) click here.
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November 6, 2015 6:14 AM EST
(Reuters) - Health insurer Cigna Corp (NYSE: CI) reported a better-than-expected quarterly profit, helped by higher enrollments in its government plans and favorable medical costs.
Cigna, which agreed to be bought by larger rival Anthem Inc (NYSE: ANTM) in July, also raised the low end of its forecast for full-year adjusted earnings to $8.40 per share from... More
November 5, 2015 3:28 PM EST
(Updated - November 5, 2015 3:28 PM EST)
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Economics:
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