CIGNA (CI) PT Raised to $400 at Cantor Fitzgerald

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CIGNA (CI) PT Raised to $384 at RBC Capital

May 3, 2024 6:51 AM EDT

RBC Capital analyst Ben Hendrix raised the price target on CIGNA (NYSE: CI) to $384.00 (from $383.00) while maintaining a Outperform rating.

The analyst comments "We are puzzled by share weakness on Thursday, following Cigna's solid first quarter beat and raise. We believe the sell-off is... More

Cigna (CI) stock climbs on Q1 results beat, raised 2024 profit outlook

May 2, 2024 6:53 AM EDT

Cigna Group (NYSE: CI) shares rose 2% in premarket trading Thursday after the company unveiled better-than-expected earnings and revenue for the fiscal Q1 and raised the full-year profit outlook.

Specifically, the company posted earnings per share (EPS) of $6.47, topping the consensus estimates of $6.22. Revenue for the quarter reached $57.26 billion, also... More

Cigna sees strong annual profit on lower costs, pharmacy benefit strength

May 2, 2024 6:03 AM EDT

(Reuters) - Health insurer Cigna Group raised its annual profit forecast on Thursday, as lower-than-expected medical costs and strength in its pharmacy benefit management unit helped it beat first-quarter earnings estimates.

The company now expects an adjusted profit of at least $28.40 per share in 2024, up 15 cents from its previous forecast.

Cigna's forecast lift comes in contrast to CVS Health, which slashed... More

Cigna Corp. (CI) Tops Q1 EPS by 25c; raises guidance

May 2, 2024 5:59 AM EDT

Cigna Corp. (NYSE: CI) reported Q1 EPS of $6.47, $0.25 better than the analyst estimate of $6.22. Revenue for the quarter came in at $57.26 billion versus the consensus estimate of $56.6 billion.

GUIDANCE:

Cigna Corp. sees FY2024 EPS of at least $28.40, versus the... More

Cigna Corp. (CI) call put ratio 1 call to 2.3 puts into quarter results

May 1, 2024 10:35 AM EDT

Cigna Corp. (NYSE: CI) May weekly call option implied volatility is at 66, May is at 30; compared to its 52-week range of 17 to 38 into the expected release of quarter results before the bell on May 2.

... More