Cigna Corp. Q2 Income Falls 22%

(RTTNews) - Cigna Corp. (CI) released earnings for second quarter that retreated from last year.

The company said its bottom line declined to $515 million, or $1.98 per share. This was down from $664 million, or $2.55 per share, in last year's second quarter.

Analysts had expected the company to earn $2.39 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.0% to $9.96 billion. This was up from $9.49 billion last year.

Cigna Corp. earnings at a glance:

-Earnings (Q2): $515 Mln. vs. $664 Mln. last year. -Earnings Decline (Y-o-Y): -22.4% -EPS (Q2): $1.98 vs. $2.55 last year. -EPS Decline (Y-o-Y): -22.4% -Analysts Estimate: $2.39 -Revenue (Q2): $9.96 Bln vs. $9.49 Bln last year. -Revenue Change (Y-o-Y): 5.0%

-Guidance: Full year EPS guidance: $7.75 - $8.10