Cigna (CI) Q1 results:
Revenues: $38,392M (+14.8%); Health Services: $27,168M (+21.0%); Integrated Medical: $9,860M (+7.2%).
Net Income: $1,181M (-13.7%); EPS: $3.15 (-11.5%); non-GAAP Net Income: $1,758M (+17.4%); non-GAAP EPS: $4.69 (+20.3%).
2020 guidance: $154B – 156B (unch); non-GAAP EPS: $18.00 – 18.60 (unch).
Shares are up 2% premarket.
Previously: Cigna EPS beats by $0.32, beats on revenue (April 30)
https://seekingalpha.com/news/3566842-cigna-posts-strong-q1-guidance-affirmed
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