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Dec 31, 2020
Cigna Q4 2020 Earnings Report
Cigna reported fourth quarter results in line with expectations and made investments in customers and capabilities.
Key Takeaways
Cigna Corporation reported strong 2020 results, driven by focused execution through the ongoing COVID-19 pandemic. The fourth quarter results were in line with expectations, with investments in customers, capabilities, and co-workers.
Cigna's fourth quarter results were in line with expectations.
The company continued to make investments in customers, capabilities, and co-workers.
Cigna covered elevated COVID-related costs.
Evernorth is well-positioned for sustained long-term growth.
Cigna
Cigna
Forward Guidance
Cigna's outlook for full year 2021 adjusted revenues is projected to be at least $165 billion and consolidated adjusted income from operations is projected to be at least $6.95 billion, or at least $20.00 per share.
Positive Outlook
- Adjusted revenues are projected to be at least $165 billion.
- Consolidated adjusted income from operations is projected to be at least $6.95 billion.
- Adjusted income from operations is projected to be at least $20.00 per share.
- Outlook includes the impact of future share repurchases.
- Outlook includes anticipated 2021 dividends.
Challenges Ahead
- Outlook includes approximately $1.25 per share in net unfavorable impacts of COVID-19.
- Actual results may differ materially depending on a number of factors.
- The Company’s outlook excludes the potential effects of any business combinations that may occur after the date of this earnings release.
- The timing and actual number of shares repurchased will depend on a variety of factors, including price, general business and market conditions, and alternate uses of capital.
- The program may be suspended or discontinued at any time.