The Cigna Group Reports Strong Fourth Quarter and Full Year 2023 Results, Raises 2024 Adjusted EPS Outlook, and Increases Dividend

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CIGNA (CI) PT Raised to $360 at Goldman Sachs

February 5, 2024 7:22 AM EST

Goldman Sachs analyst Nathan Rich raised the price target on CIGNA (NYSE: CI) to $360.00 (from $352.00) while maintaining a Neutral rating.

The analyst comments "CI outperformed (+5.4% on 2/2 vs S&P +1.1%) after reporting 4Q23 EPS 3%/4% above GS/consensus (FactSet), raising its 2024 EPS guidance by ~1% to >$28.25 from >$28.00, and reemphasizing its prioritization of share repurchases as... More

Cigna (CI) stock gains 5% on raised guidance

February 2, 2024 7:34 AM EST

Cigna Corp. (NYSE: CI) exceeded analyst expectations for the fourth quarter and raised the profit guidance for the full year.

The company announced an EPS of $6.79, which is $0.25 higher than the analyst forecast of $6.54. Cigna also reported a quarterly revenue of $51.15 billion, surpassing the consensus estimate of... More

Cigna Corp. (CI) Tops Q4 EPS by 25c, Beats on Revenue; Offers FY24 Revenue Guidance

February 2, 2024 6:02 AM EST

Cigna Corp. (NYSE: CI) reported Q4 EPS of $6.79, $0.25 better than the analyst estimate of $6.54. Revenue for the quarter came in at $51.15 billion versus the consensus estimate of $48.91 billion.

GUIDANCE:

Cigna Corp. sees FY2024 revenue of $235 billion, versus the consensus of $228.4... More