Cigna Group Q4 Adjusted EPS $6.79 Beats $6.53 Estimate, Sales $51.15B Beat $48.89B Estimate
Portfolio Pulse from Benzinga Newsdesk
Cigna Group (NYSE:CI) reported Q4 adjusted EPS of $6.79, surpassing the $6.53 estimate, marking a 35.26% increase from last year. Sales reached $51.15B, exceeding the $48.89B estimate, up 11.82% from the previous year.
February 02, 2024 | 11:03 am
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Cigna Group reported a significant beat on both earnings per share and sales for Q4, with EPS at $6.79 against a $6.53 estimate and sales of $51.15B against a $48.89B estimate.
Cigna Group's earnings and sales beat are significant, indicating strong financial health and operational efficiency. The substantial year-over-year growth in both earnings and sales suggests a positive trajectory for the company, likely leading to increased investor confidence and a potential uptick in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100