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Thursday, February 4, 2021

Cigna Sees Adjusted Revenue Growth, Pandemic Impact in 2021

 Cigna Corp. said Thursday it expects to adjusted revenue growth and a full-year profit in 2021 in guidance that includes a continuing impact from the Covid-19 pandemic.

The Bloomfield, Conn.-based health-care company said its adjusted revenue would be at least $165 billion in 2021, compared with $160.07 billion in 2020.

Its full-year adjusted profit would be at least $20 a share, Cigna forecast. That estimate includes a per-share unfavorable impact from Covid-19 of $1.25, Cigna said.

Analysts surveyed by FactSet had been projecting a full-year adjusted profit of $20.61 a share and revenue of $164.4 billion.

Cigna said its adjusted income attributable to its Evernorth health-services segment would be at least $5.6 billion, with at least $3.8 billion of profit from its U.S. medical division.

https://www.marketscreener.com/quote/stock/CIGNA-CORPORATION-49690049/news/Cigna-Sees-Adjusted-Revenue-Growth-Pandemic-Impact-in-2021-32356168/


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