secwatch.observer — SEC 8-K summary
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Issuer:     Cigna Group (CI)
CIK:        0001739940
Form:       8-K
Filed at:   2023-05-05T23:59:59+00:00
Accession:  0000950159-23-000159
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cigna Q1 EPS $5.41 (adj.) on $46.5B revenue; raises FY adj. EPS outlook to at least $24.70
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- Shareholders' net income $1.3B ($4.24 GAAP EPS); adjusted income from ops $1.6B ($5.41), down from $1.9B in Q1 2022 primarily from divested businesses.
- Total revenues $46.5B, up 6% YoY; Evernorth revenues $36.2B (+8%), Cigna Healthcare $12.7B (+12%).
- 2023 outlook raised: adjusted income from ops per share at least $24.70 (up $0.10), revenues at least $188B. Cigna Healthcare MCR guided 81.5%-82.3%.
- Medical customers 19.5M (+8% from Dec 2022); pharmacy customers 98.7M (+5%). Debt-to-cap ratio 42.2%.
- Year-to-date share repurchases of 3.7M shares for ~$1.1B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1739940/000095015923000159/0000950159-23-000159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1739940/000095015923000159/cigna8k.htm
  HTML page:      https://secwatch.observer/filing/0000950159-23-000159

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