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Cigna Delivers Strong First Quarter 2021 Results, Raises 2021 Outlook

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CIGNA (CI) PT Raised to $284 at Cantor Fitzgerald

May 7, 2021 11:48 AM EDT

Cantor Fitzgerald analyst Steven Halper raised the price target on CIGNA (NYSE: CI) to $284.00 (from $260.00) while maintaining an Overweight rating.

The analyst commented, "Before the market open on Friday, May 7, Cigna reported better-than-expected 1Q21 results. Revenue was ahead of our estimate and FactSet... More

Cigna Corp. (CI) Tops Q1 EPS by 35c, Revenues Beat; Offers FY21 Revenues Guidance Above Consensus, Affirms FY21 EPS Views

May 7, 2021 6:05 AM EDT

Cigna Corp. (NYSE: CI) reported Q1 EPS of $4.73, $0.35 better than the analyst estimate of $4.38. Revenue for the quarter came in at $40.97 billion versus the consensus estimate of $40.24 billion.

Total revenues in the first quarter were $41.0 billion, and adjusted revenues1 were $41.0 billionShareholders' net income for the first quarter was $1.2 billion, or $3.30 per shareAdjusted income from operations2 for the... More