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Dec 31, 2022
Cigna Q4 2022 Earnings Report
Cigna reported strong results for the fourth quarter and full year 2022, established 2023 guidance, and increased dividends.
Key Takeaways
Cigna Corporation reported strong 2022 results, driven by growth in both Evernorth and Cigna Healthcare. The company is carrying great momentum into 2023, with a focus on innovation and growth to improve health and vitality.
Cigna's 2022 shareholders’ net income was $6.7 billion, or $21.30 per share, including an after-tax gain of $1.3 billion, or $4.26 per share, primarily from the Chubb transaction.
Adjusted income from operations for 2022 was $7.3 billion, or $23.27 per share, reflecting growth in Evernorth and Cigna Healthcare.
Cigna's outlook for full year 2023 adjusted revenues is projected to be at least $187.0 billion.
Cigna’s outlook for full year 2023 consolidated adjusted income from operations is projected to be at least $7.33 billion, or at least $24.60 per share.
Cigna
Cigna
Forward Guidance
Cigna's outlook for full year 2023 includes adjusted revenues projected to be at least $187.0 billion and consolidated adjusted income from operations projected to be at least $7.33 billion, or at least $24.60 per share. This outlook includes the impact of expected future share repurchases and anticipated 2023 dividends.