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Mar 31, 2021

Cigna Q1 2021 Earnings Report

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

Key Takeaways

Cigna Corporation reported strong first quarter 2021 results with total revenues of $41.0 billion and adjusted income from operations of $1.7 billion, or $4.73 per share.

Total revenues for the first quarter were $41.0 billion.

Shareholders’ net income for the first quarter was $1.2 billion, or $3.30 per share.

Adjusted income from operations for the first quarter was $1.7 billion, or $4.73 per share.

Cigna's outlook for full year 2021 adjusted revenues is projected to be at least $166 billion.

Total Revenue
$41B
Previous year: $38.4B
+6.8%
EPS
$4.73
Previous year: $4.69
+0.9%
Gross Profit
$0
0
Cash and Equivalents
$6.51B
Previous year: $4.45B
+46.1%
Total Assets
$152B
Previous year: $155B
-1.7%

Cigna

Cigna

Forward Guidance

Cigna's outlook for full year 2021 adjusted revenues is projected to be at least $166 billion and consolidated adjusted income from operations is at least $7.0 billion, or at least $20.20 per share. This outlook includes approximately $1.25 per share in net unfavorable impacts of COVID-19.