Cigna Group Q1 2024 Adj EPS $6.47 Beats $6.37 Estimate, Sales $57.255B Beat $55.471B Estimate
Portfolio Pulse from Benzinga Newsdesk
Cigna Group (NYSE:CI) reported Q1 2024 adjusted EPS of $6.47, surpassing the $6.37 estimate, and sales of $57.255B, exceeding the $55.471B estimate. This represents a 19.59% increase in earnings and a 23.08% increase in sales compared to the same period last year.
May 02, 2024 | 10:01 am
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Cigna Group reported a strong Q1 2024 performance with adjusted EPS and sales both exceeding analyst estimates, indicating robust year-over-year growth.
Cigna Group's earnings and sales beat not only demonstrates the company's strong performance but also suggests potential positive investor sentiment. The significant year-over-year growth in both earnings and sales could lead to increased investor confidence and a potential uptick in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100