Cigna (NYSE:CI) Q3 results:
Revenues: $38,556M (+226.5%); Health Services: $24,880M (+999%); Integrated Medical: $9,148M (+11.9%).
Net income: $1,351M (+75.0%); EPS: $3.57 (+13.7%); non-GAAP EPS: $4.54 (+18.2%).
Non-GAAP operating income: $1,718M (+81.8%).
Company has repurchased 10.8M shares for ~$1.8B year to date.
2019 guidance: Non-GAAP operating income: $6,380M – 6,460M; non-GAAP EPS: $16.80 – 17.00; medical care ratio: 80.8 – 81.2%.
2020 guidance: Retention rate: 97%; Health Services adjusted pharmacy script growth: 25M – 35M.
Previously: CIGNA EPS beats by $0.18, beats on revenue (Oct. 31)
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