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Mar 31, 2020

Cigna Q1 2020 Earnings Report

Cigna reported strong first quarter 2020 results driven by focused execution across its businesses.

Key Takeaways

Cigna reported strong first quarter results with total revenues of $38.5 billion and adjusted income from operations of $1.8 billion, driven by contributions from Health Services, Integrated Medical, and International Markets segments.

Cigna is leading a rapid response to the challenges presented by COVID-19.

Cigna delivered strong first quarter results.

Cigna entered 2020 with a long track record of growth, fueled by innovation and customer service.

Cigna remains confident in the strength of its four well-positioned growth platforms.

Total Revenue
$38.4B
Previous year: $33.4B
+14.8%
EPS
$4.69
Previous year: $3.9
+20.3%
Gross Profit
$0
0
Cash and Equivalents
$4.45B
Previous year: $4.98B
-10.5%
Total Assets
$155B
Previous year: $154B
+0.2%

Cigna

Cigna

Forward Guidance

Cigna's outlook for full year 2020 adjusted revenues is $154 billion to $156 billion. Cigna's outlook for full year 2020 consolidated adjusted income from operations on a per share basis is in the range of $18.00 to $18.60 per share.