earnings
confidence high
sentiment positive
materiality 0.80
Cigna Q2 revenue $60.5B (+25% YoY); adj. EPS $6.72 beats $6.13 prior year
Cigna Group
2024-Q2 EPS reported
$4.43
revenue$117,778,000,000
- Total Q2 revenue $60.5B, +25% YoY; adjusted income from ops $1.9B, +5% YoY.
- Adjusted EPS $6.72 vs $6.13 prior year; full-year outlook adj. EPS at least $28.40.
- Evernorth segment adjusted revenues +30%, pre-tax income +7% to $1.619B.
- Cigna Healthcare adjusted revenue +3%; MCR 82.3% (81.2% prior) due to $50M prior-year Medicare risk adjustment.
- YTD through July 31 repurchased 14.7M shares for ~$5.0B.