---
schema_version: "secwatch.filing_event.v1"
accession: "0000950159-24-000134"
form_type: "8-K"
ticker: "CI"
cik: "0001739940"
company_name: "Cigna Group"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:43:13.276540+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cigna posts Q1 GAAP net loss $0.97/share on VillageMD impairment; adj EPS $6.47, outlook raised

## Summary
- Shareholders' net loss $277M ($0.97 loss per share) includes $1.8B non-cash impairment of VillageMD equity securities.
- Adjusted income from operations $1.875B ($6.47/share), up from $5.41 YoY; raises 2024 adj EPS outlook to at least $28.40.
- Evernorth Health Services revenue $46.2B (+28% YoY); Cigna Healthcare MCR improved to 79.9% from 81.3%.
- Total pharmacy customers 122.8M (+25% from Dec 2023); medical customers 19.2M; share buybacks $3.4B YTD.
- Medicare sale to HCSC on track, expected close Q1 2025; cyber incident impacted claims processing and net medical costs payable.

## SEC filing metadata
- accession: 0000950159-24-000134
- form_type: 8-K
- ticker: CI
- cik: 0001739940
- company_name: Cigna Group
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1739940/000095015924000134/0000950159-24-000134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1739940/000095015924000134/cigna8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950159-24-000134
- JSON: https://secwatch.observer/filing/0000950159-24-000134.json
- Plain text: https://secwatch.observer/filing/0000950159-24-000134.txt

## Key facts
- Earnings Releases
  Cigna Group reported first quarter 2024 results: revenue $57.3 billion, net income $0.3 billion, EPS $0.97 per share. Guidance raised.
  - Period: first quarter 2024
  - Revenue: $57.3 billion
  - Net income: $0.3 billion
  - EPS: $0.97 per share
  - Guidance: raised
  - Result: reported results
  source text: The Cigna Group Reports Strong First Quarter 2024 Results, Raises 2024 Outlook • Total revenues for the first quarter 2024 were $57.3 billion • Shareholders’ net loss for the first quarter 2024 was $0.3 billion, or $0.97 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1739940/000095015924000134/0000950159-24-000134-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.