01.11.2018 11:06:36
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Cigna Corp. Q3 adjusted earnings Beat Estimates
(RTTNews) - Cigna Corp. (CI) revealed a profit for its third quarter that advanced from last year.
The company's earnings came in at $772 million, or $3.14 per share. This compares with $560 million, or $2.21 per share, in last year's third quarter.
Excluding items, Cigna Corp. reported adjusted earnings of $945 million or $3.84 per share for the period.
Analysts had expected the company to earn $3.44 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 10.4% to $11.45 billion from $10.37 billion last year.
Cigna Corp. earnings at a glance:
-Earnings (Q3): $945 Mln. vs. $716 Mln. last year. -EPS (Q3): $3.84 vs. $2.83 last year. -Analysts Estimate: $3.44 -Revenue (Q3): $11.45 Bln vs. $10.37 Bln last year.
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