Cigna Group (NYSE:CI) will report fourth-quarter earnings before the open on Friday, Jan. 2. The security was last seen up 0.9% to trade at $301.56 and is now pacing for its third-straight daily win, while sporting a 22.5% nine-month lead. In addition, a historically bullish trendline that could prop CI even higher, should this upcoming report go well. Per data from Schaeffer's Senior Quantitative Analyst Rocky White, CI is within one standard deviation of its 80-day trendline. The stock saw eight similar s ...

BLOOMFIELD, Conn., Jan. 31, 2024  /PRNewswire/ -- Global health company The Cigna Group (NYSE:CI) will be hosting its Investor Day on Thursday, March 7, 2024 in New York City. The event will begin at 8:30 a.m. ET featuring in-depth presentations on corporate strategy and financial targets. A live webcast of the presentation will be available at https://investors.thecignagroup.com/events-and-presentations/default.aspx in the Investor Relations section of The Cigna Group's website. To listen to this presentat ...

Transaction Expected to be Accretive to Adjusted EPS1 in 2025 The Cigna Group Reaffirms 2024 Outlook and Long-Term Adjusted EPS1 Growth Target of 10-13% BLOOMFIELD, Conn., Jan. 31, 2024 /PRNewswire/ -- Global health company The Cigna Group (NYSE: CI) today announced that it has entered into a definitive agreement whereby Health Care Service Corporation (HCSC) will acquire The Cigna Group's Medicare Advantage, Cigna Supplemental Benefits, Medicare Part D and CareAllies businesses, for a total transaction val ...

The Cigna Group is selling its Medicare health benefits businesses and a medical care provider ... [+] services operation for $3.3 billion to Health Care Service Corp., the parent of five Blue Cross and Blue Shield plans. In this July 9, 2014 picture is Blue Cross Blue Shield Tower where the offices of Health Care Service Corp. and Blue Cross and Blue Shield of Illinois are located. (Photo By Raymond Boyd/Getty Images)2014 Raymond BoydThe Cigna Group is selling its Medicare health benefits businesses and a ...

The Cigna Group (CI) is set to report its fourth-quarter 2023 results on Feb 2, before the opening bell. Increased pharmacy revenues and net investment income in the quarter are likely to be partially undone by higher benefits and expenses.Where Do the Estimates Stand?The Zacks Consensus Estimate for fourth-quarter earnings per share of $6.52 suggests a 31.5% increase from the prior-year figure of $4.96. The consensus mark remained stable over the past week. The consensus estimate for fourth-quarter revenue ...

The upcoming report from Cigna (CI) is expected to reveal quarterly earnings of $6.52 per share, indicating an increase of 31.5% compared to the year-ago period. Analysts forecast revenues of $48.82 billion, representing an increase of 6.7% year over year.Over the last 30 days, there has been a downward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of th ...

Cigna (CI) ended the recent trading session at $298.88, demonstrating a +0.36% swing from the preceding day's closing price. This change lagged the S&P 500's 0.76% gain on the day. On the other hand, the Dow registered a gain of 0.59%, and the technology-centric Nasdaq increased by 1.12%.Heading into today, shares of the health insurer had lost 0.54% over the past month, lagging the Medical sector's gain of 1.57% and the S&P 500's gain of 2.5% in that time.Market participants will be closely following the f ...

Monty Rakusen Investment Thesis In this article, I explore The Cigna Group's (NYSE:CI) potential, spotlighted by its innovative subsidiary Evernorth. The surge in Obamacare enrollments is a supporting factor to this thesis. I read into the company's leadership changes and strategic decisions, such as offloading its Medicare Advantage business. Many of these sections you’ll read point me to the company’s growth trajectory focus. Additionally, insights from the JPMorgan Healthcare Conference help us recog ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Cigna (CI) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 2. On the ...

Brian Evanko to continue as Chief Financial Officer, will serve as new President and CEO of Cigna Healthcare Ann Dennison to join The Cigna Group as Deputy Chief Financial Officer Mike Triplett to retire by end of 2024 and Bryan Holgerson promoted to President of U.S. Commercial for Cigna Healthcare Eric Palmer to assume expanded role leading enterprise strategy and corporate development, will continue as President and CEO of Evernorth Health Services BLOOMFIELD, Conn., Jan. 17, 2024 /PRNewswire/ -- The C ...