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