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Cigna
🇺🇸 NYSE:CI
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•
Dec 31, 2021

Cigna Q4 2021 Earnings Report

Cigna reported strong fourth quarter and full year 2021 results, expecting continued revenue and attractive earnings per share growth in 2022.

Key Takeaways

Cigna Corporation reported strong business growth in 2021, aided by a diversified portfolio. The company is focusing on making healthcare more affordable, predictable, and simple in 2022.

Total revenues for 2021 were $174.1 billion.

Shareholders’ net income for 2021 was $5.4 billion, or $15.73 per share.

Cigna's adjusted income from operations for 2021 was $7.0 billion, or $20.47 per share.

Cigna's outlook for full year 2022 adjusted revenues is projected to be at least $177 billion.

Total Revenue
$45.7B
Previous year: $41.7B
+9.6%
EPS
$4.77
Previous year: $3.51
+35.9%
Gross Profit
$0
0
Cash and Equivalents
$5.08B
Previous year: $10.2B
-50.1%
Total Assets
$155B
Previous year: $155B
-0.4%

Cigna

Cigna

Forward Guidance

Cigna's outlook for full year 2022 adjusted revenues is projected to be at least $177 billion. Cigna’s outlook for full year 2022 consolidated adjusted income from operations is projected to be at least $6.95 billion, or at least $22.40 per share.

Positive Outlook

  • Projected adjusted revenue outlook for 2022 is at least $177 billion.
  • Projected adjusted income from operations is at least $6.95 billion.
  • The outlook includes the impact of expected future share repurchases.
  • The outlook includes anticipated 2022 dividends.
  • The outlook assumes that the divestiture of international life, accident, and supplemental benefits businesses will close in the second quarter of 2022.

Challenges Ahead

  • Actual results may differ materially depending on a number of factors.
  • The scale, scope and duration of the COVID-19 pandemic and its potential impact on our business, operating results, cash flows or financial condition
  • Our ability to compete effectively, differentiate our products and services from those of our competitors and maintain or increase market share
  • Price competition and other pressures that could compress our margins or result in premiums that are insufficient to cover the cost of services delivered to our customers
  • The potential for actual claims to exceed our estimates related to expected medical claims

Company Overview

Full financial data and analysis

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