Cigna: Q3 Earnings Snapshot

BLOOMFIELD, Conn. (AP) — BLOOMFIELD, Conn. (AP) — The Cigna Group (CI) on Thursday reported third-quarter net income of $1.44 billion.

On a per-share basis, the Bloomfield, Connecticut-based company said it had profit of $5.47. Earnings, adjusted for amortization costs and non-recurring costs, came to $7.98 per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $7.46 per share.

The health insurer posted revenue of $73.68 billion in the period. Its adjusted revenue was $73.79 billion, which also beat Street forecasts. Six analysts surveyed by Zacks expected $73.53 billion.

Cigna expects full-year earnings to be $30.60 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CI at https://www.zacks.com/ap/CI