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Jun 30, 2023

Cigna Q2 2023 Earnings Report

Reported strong second quarter 2023 results driven by growth and focused execution across a diversified portfolio of businesses.

Key Takeaways

The Cigna Group reported strong second quarter 2023 results, with shareholders’ net income at $1.5 billion, or $4.92 per share, and adjusted income from operations at $1.8 billion, or $6.13 per share.

Shareholders’ net income for second quarter 2023 was $1.5 billion, or $4.92 per share.

Adjusted income from operations for second quarter 2023 was $1.8 billion, or $6.13 per share.

The Cigna Group's outlook for full year 2023 adjusted revenues increased to at least $190.0 billion.

The Cigna Group’s outlook for full year 2023 consolidated adjusted income from operations is at least $7.36 billion, or at least $24.70 per share.

Total Revenue
$48.6B
Previous year: $45.4B
+7.0%
EPS
$6.13
Previous year: $6.22
-1.4%
Gross Profit
$0
0
Cash and Equivalents
$9.59B
Previous year: $4.42B
+116.8%
Total Assets
$150B
Previous year: $153B
-1.7%

Cigna

Cigna

Forward Guidance

The Cigna Group's outlook for full year 2023 adjusted revenues increased to at least $190.0 billion. The Cigna Group’s outlook for full year 2023 consolidated adjusted income from operations is at least $7.36 billion, or at least $24.70 per share.