Cigna Q3 2023 Earnings Report
Key Takeaways
The Cigna Group reported a net income of $1.4 billion, or $4.74 per share, for Q3 2023. Adjusted income from operations was $2.0 billion, or $6.77 per share, reflecting strong contributions from Evernorth Health Services and Cigna Healthcare.
The Cigna Group's Q3 2023 net income was $1.4 billion, or $4.74 per share.
Adjusted income from operations for Q3 2023 was $2.0 billion, or $6.77 per share.
The results reflect strong contributions from both Evernorth Health Services and Cigna Healthcare.
The company raised its 2023 adjusted EPS, revenue, and cash flow outlook.
Cigna
Cigna
Forward Guidance
The Cigna Group's outlook for full year 2023 adjusted revenues increased to at least $192.0 billion. The Cigna Group’s outlook for full year 2023 consolidated adjusted income from operations is at least $7.36 billion, or at least $24.75 per share. This outlook includes the impact of expected future share repurchases and anticipated 2023 dividends.