Cigna Sets 2020 Outlook
February 06 2020 - 6:57AM
Dow Jones News
By Dave Sebastian
Cigna Corp. (CI) on Thursday set its financial outlook for 2020
as it beat adjusted profit and sales expectations for the fourth
quarter.
The insurer expects adjusted income from operations of $6.8
billion to $7 billion, or $18-$18.60 a share for the full year. It
sees adjusted revenue of $154 billion to $156 billion, representing
10% to 11% growth over 2019.
In its integrated medical segment, the company sees medical care
ratio of 80.2% to 81.2% for the year.
Cigna shares were off 0.1% in premarket trading.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
February 06, 2020 06:42 ET (11:42 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Cigna (NYSE:CI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Cigna (NYSE:CI)
Historical Stock Chart
From Apr 2023 to Apr 2024