Cigna Q4 2019 Earnings Report
Key Takeaways
Cigna reported strong 2019 results driven by focused execution across its businesses. Total revenues for 2019 were $153.6 billion. Shareholders’ net income for 2019 was $5.1 billion, or $13.44 per share. Cigna's adjusted income from operations for 2019 was $6.5 billion, or $17.05 per share.
Cigna delivered on commitments to customers, clients, and shareholders.
Strong momentum going into 2020 positions Cigna for continued growth.
Cigna aims to deliver sustained value for customers and clients.
Cigna focuses on creating greater affordability, predictability and simplicity.
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Forward Guidance
Cigna's outlook for full year 2020 consolidated adjusted income from operations is in the range of $6.8 billion to $7.0 billion, or $18.00 to $18.60 per share. Cigna’s outlook excludes the impact of prior year reserve development of medical costs and potential effects of any future share repurchase.