Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  CIGNA Corporation    CI

Delayed Quote. Delayed  - 09/23 10:01:40 pm
131 USD   -0.76%
09/22DJANTHEM : Cigna Swap Allegations Of Breach -- WSJ
09/21DJANTHEM : Cigna Have Accused Each Other of Merger Breach, Filing Clai..
09/21DJANTHEM : DOJ Says Anthem and Cigna Accuse Each Other of Merger Breac..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Cigna profit misses Wall Street target

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/03/2012 | 01:05pm CEST

Insurer Cigna Corp (>> CIGNA Corporation) posted a lower-than-expected first-quarter profit on Thursday, as earnings slipped in its segment offering disability and life coverage policies.

Insurer Cigna Corp (>> CIGNA Corporation) posted a lower-than-expected first-quarter profit on Thursday, as earnings slipped in its segment offering disability and life coverage policies.

Cigna is the latest health insurer to miss Wall Street's earnings target in the period, following Aetna Inc (>> Aetna Inc.), Coventry Health Care (>> Coventry Health Care, Inc.) and Humana Inc (>> Humana Inc.).

Cigna did raise its full-year earnings forecast.

Net income fell to $371 million, or $1.28 per share, from $413 million, or $1.51 per share, a year earlier.

Excluding special items, Cigna's earnings of $1.28 per share fell 2 cents below the analysts' average estimate, according to Thomson Reuters I/B/E/S.

Revenue jumped 25 percent to $6.79 billion, helped by the acquisition of Medicare specialist HealthSpring.

Profit in the main healthcare segment rose 6.5 percent to $262 million, helped by rising membership in its plans.

But earnings in its disability and life segment fell 16 percent to $65 million. The company cited strategic investments in its disability management programs as a factor pushing down profit.

Cigna forecast 2012 earnings of $5.20 to $5.55 per share. It previously projected $5.00 to $5.40. Analysts have been looking for $5.41.

(Reporting by Lewis Krauskopf in New York; Editing by Lisa Von Ahn)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CIGNA CORPORATION
09/22DJANTHEM : Cigna Swap Allegations Of Breach -- WSJ
09/21DJANTHEM : Cigna Have Accused Each Other of Merger Breach, Filing Claims
09/21DJANTHEM : DOJ Says Anthem and Cigna Accuse Each Other of Merger Breach -Bloomberg
09/21DJANTHEM : Cigna Accuse Each Other of Merger Breach
09/20 CIGNA CORP : Other Events (form 8-K)
09/15 CIGNA : Obama, Cigna Officials Talk Obamacare
09/15 CIGNA : Recognizes Lena Pope for Commitment to Employee Health and Wellness
09/15 CIGNA : Recognizes Premier Inc for Commitment to Employee Health and Wellness
09/15 CIGNA : Global Health Benefits® deepens partnership with the Hollard Insurance G..
09/15 CIGNA : Short-Term Disability and Voluntary Benefits Claims Process Getting Easi..
More news
Sector news : Managed Healthcare - NEC
09/22DJANTHEM : Cigna Swap Allegations Of Breach -- WSJ
09/21DJANTHEM : Cigna Have Accused Each Other of Merger Breach, Filing Claims
09/21DJANTHEM : DOJ Says Anthem and Cigna Accuse Each Other of Merger Breach -Bloomberg
09/21DJANTHEM : Cigna Accuse Each Other of Merger Breach
09/21DJAMEDISYS : After the Floods, an Outpouring of Help From the CEO -- WSJ
More sector news : Managed Healthcare - NEC
News from SeekingAlpha
09/22 WALL STREET BREAKFAST : Trade Deals In Focus
09/22 Anthem, Cigna accuse each other of merger breach
09/13 Will Warren Buffett Save Wells Fargo?
08/30 OPKO Health Is A Buy At $9 - Cramer's Lightning Round (8/29/16)
08/29 WALL STREET BREAKFAST : Week Of Economic Data Up Next
Advertisement
Financials ($)
Sales 2016 39 642 M
EBIT 2016 3 140 M
Net income 2016 1 850 M
Debt 2016 1 787 M
Yield 2016 0,02%
P/E ratio 2016 17,38
P/E ratio 2017 13,87
EV / Sales 2016 0,89x
EV / Sales 2017 0,81x
Capitalization 33 611 M
More Financials
Chart CIGNA CORPORATION
Duration : Period :
CIGNA Corporation Technical Analysis Chart | CI | US1255091092 | 4-Traders
Full-screen chart
Technical analysis trends CIGNA CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 150 $
Spread / Average Target 14%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
David Michael Cordani President, Chief Executive Officer & Director
Isaiah Harris Chairman
Mark Marsters Senior Vice President-Group Operations
Thomas A. McCarthy Chief Financial Officer & Executive Vice President
Alan M. Muney Chief Medical Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CIGNA CORPORATION-10.48%33 611
UNITEDHEALTH GROUP INC19.44%133 821
AETNA INC6.95%40 563
ANTHEM INC-9.24%33 307
HUMANA INC-1.66%26 169
CENTENE CORP4.16%11 704
More Results