The Cigna Group reports results for the quarter ended September 30 - Earnings Summary

• The Cigna Group CI.N reported quarterly adjusted earnings of $7.98​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $7.83. The mean expectation of twenty four analysts for the quarter was for earnings of $7.50 per share. Wall Street expected results to range from $7.42 to $7.67 per share.

• Revenue rose 5.8% to $73.79 billion from a year ago; analysts expected $72.72 billion.

• The Cigna Group's reported EPS for the quarter was $5.47​.

• The company reported quarterly net income of $1.44 billion.

• The Cigna Group shares had risen by 12.4% this quarter and gained 11.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell." The average consensus recommendation for the managed healthcare peer group is also "buy"

• Wall Street's median 12-month price target for The Cigna Group is $339.00, about 9.9% above its last closing price of $305.41

This summary was machine generated from LSEG data November 5 at 01:09 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)