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Cigna (CI) Q4 Earnings Beat on Membership Growth, Dividend Up
CICigna(CI) Zacks Investment Research·2024-02-02 18:46

The Cigna Group (CI) reported fourth-quarter 2023 adjusted earnings per share (EPS) of 6.79,whichbeattheZacksConsensusEstimateby4.16.79, which beat the Zacks Consensus Estimate by 4.1%. The bottom line improved 36.9% year over year.Adjusted revenues of 51.2 billion advanced 4.8% year over year in the quarter under review on the back of solid contributions from Evernorth Health Services and Cigna Healthcare businesses. The top line outpaced the consensus mark by 4.8%.However, the upside was partly offset by an elevated expense level resulting from t ...