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Jun 30, 2020

Cigna Q2 2020 Earnings Report

Cigna expanded stakeholder and community support and reported second quarter 2020 performance.

Key Takeaways

Cigna reported strong contributions from each of its ongoing businesses, with total revenues for the second quarter of 2020 at $39.3 billion and shareholders’ net income at $1.8 billion, or $4.73 per share.

Cigna focused on supporting the needs of customers, clients, and communities.

The company provided innovative programs and services and expanded financial support.

Cigna delivered sustained, attractive financial performance.

The company generated substantial cash flows to fuel offerings.

Total Revenue
$39.2B
Previous year: $34.4B
+14.1%
EPS
$5.81
Previous year: $4.3
+35.1%
Gross Profit
$0
0
Cash and Equivalents
$7.19B
Previous year: $3.61B
+99.0%
Total Assets
$160B
Previous year: $154B
+3.4%

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. Cigna’s outlook excludes potential effects of any future share repurchase.