Cigna Q3 2020 Earnings Report
Key Takeaways
Cigna Corporation reported solid third quarter 2020 performance, with total revenues of $41.0 billion. Shareholders’ net income for third quarter 2020 was $1.4 billion, or $3.78 per share, and Cigna's adjusted income from operations for third quarter 2020 was $1.6 billion, or $4.41 per share.
Delivered attractive revenue growth and strong earnings.
Improved capital position, driving strategic flexibility.
Launched Evernorth to accelerate strategy and broaden reach.
Expanded opportunities for growth, further enhancing the value delivered to the marketplace.
Cigna
Cigna
Forward Guidance
Cigna's outlook for full year 2020 adjusted revenues is approximately $158 billion. Cigna’s outlook for full year 2020 consolidated adjusted income from operations on a per share basis is in the range of $18.30 to $18.60 per share. Cigna’s outlook excludes potential effects of any future share repurchase.