Market Overview

UPDATE: Cigna Posts Drop In Q4 Profit

Related CI
How Different Companies Are Tackling The Affordable Care Act
US Stock Futures Tumble Ahead Of Earnings, Economic Data

Cigna (NYSE: CI) reported a drop in its fourth-quarter earnings.

Cigna's quarterly earnings fell to $361 million, $1.29 per share, from $406 million, $1.41 per share, in the year-earlier period. On an adjusted basis, it earned $1.39 per share.

Its revenue climbed to $8.15 billion versus $7.62 billion. However, analysts were expecting earnings of $1.48 per share on revenue of $8.059 billion.

Cigna shares closed at $85.37 yesterday.

Posted-In: profitEarnings News


Related Articles (CI)

Around the Web, We're Loving...

Get Benzinga's Newsletters