UPDATE: Cigna Reports 39% Surge In Q2 Profit

Cigna Corp

reported a 39% rise in its second quarter profit. Cigna's quarterly profit surged to $408 million, or $1.50 per share, from $294 million, or $1.06 per share, in the year-ago period. Its adjusted profit came in at $1.53 per share. The company's consolidated revenue climbed to $5.51 billion from $5.35 billion. However, analysts were expecting earnings of $1.29 per share on revenue of $5.32 billion. Cigna shares fell 0.64% to $46.17 in after-hours trading.