Cigna Q4 Adj. Profit Tops View - Quick Facts

(RTTNews) - Health insurer Cigna Corp. (CI) reported that its shareholders' net income for the fourth quarter of 2014 was $467 million, or $1.77 per share, compared to $361 million, or $1.29 per share, for the fourth quarter of 2013.

Cigna's adjusted income from operations for the latest fourth quarter of 2014 was $446 million, or $1.69 per share, compared to $387 million, or $1.39 per share, in the prior year period. Analysts polled by Thomson Reuters expected the company to report earnings of $1.67 per share for the quarter. Analysts' estimates typically exclude special items.

Consolidated revenues in the quarter were $8.93 billion, up from $8.15 billion in the comparable quarter last year. Wall Street expected revenues of $8.89 billion for the quarter.

Looking ahead for fiscal 2015, the company expects adjusted income from operations to be in the range of $2.1 billion to $2.2 billion or $8.00 to $8.40 per share. Analysts expect annual earnings of $8.17 per share.