The Cigna Group Expects Consolidated Adjusted Income From Operations On Per Share Basis Of At Least $24.75 And Targeted Consolidated Adjusted Income From Operations Of At Least $28 For FY24 (Consensus Estimate: $28.24)
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The Cigna Group forecasts a minimum consolidated adjusted income from operations of $24.75 per share, aiming for at least $28 per share for FY24, slightly below the consensus estimate of $28.24.
December 29, 2023 | 11:24 am
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NEGATIVE IMPACT
Cigna Group's projected adjusted income for FY24 is slightly below analyst expectations, which may lead to cautious investor sentiment in the short term.
Cigna's guidance for FY24 is below the consensus estimate, which could potentially disappoint investors expecting higher performance. This may exert downward pressure on the stock price in the short term as the market adjusts to the new guidance.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100