BLOOMFIELD, Conn. (AP) — BLOOMFIELD, Conn. (AP) — The Cigna Group (CI) on Thursday reported second-quarter earnings of $1.53 billion.
On a per-share basis, the Bloomfield, Connecticut-based company said it had profit of $5.71. Earnings, adjusted for one-time gains and costs, came to $7.20 per share.
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $7.14 per share.
The health insurer posted revenue of $67.18 billion in the period. Its adjusted revenue was $67.13 billion, also exceeding Street forecasts. Ten analysts surveyed by Zacks expected $62.69 billion.
Cigna expects full-year earnings to be $29.60 per share.
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