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Jun 30, 2021

Cigna Q2 2021 Earnings Report

Cigna reported strong diversified revenue growth across its businesses.

Key Takeaways

Cigna Corporation reported second quarter 2021 results with total revenues of $43.1 billion and adjusted income from operations of $1.8 billion, or $5.24 per share.

Total revenues for second quarter 2021 were $43.1 billion.

Shareholders’ net income for second quarter 2021 was $1.5 billion, or $4.25 per share compared with $1.8 billion, or $4.73 per share, for second quarter 2020.

Cigna's adjusted income from operations for second quarter 2021 was $1.8 billion, or $5.24 per share, compared with $2.2 billion, or $5.81 per share, for second quarter 2020.

The quarter over quarter comparison reflects second quarter 2020 results that included significantly lower medical care due to the onset of the COVID-19 pandemic.

Total Revenue
$43.1B
Previous year: $39.2B
+10.0%
EPS
$5.24
Previous year: $5.81
-9.8%
Gross Profit
$0
0
Cash and Equivalents
$3.82B
Previous year: $7.19B
-46.8%
Total Assets
$154B
Previous year: $160B
-3.4%

Cigna

Cigna

Forward Guidance

Cigna's outlook for full year 2021 adjusted revenues is projected to be at least $170 billion and consolidated adjusted income from operations is at least $6.96 billion, or at least $20.20 per share.