•
Dec 31, 2023

Cigna Q4 2023 Earnings Report

Reported strong results, raised 2024 adjusted EPS outlook, and increased dividend.

Key Takeaways

The Cigna Group reported strong fourth quarter and full year 2023 results, reflecting revenue and earnings growth across its diversified portfolio of businesses. The company's adjusted income from operations for the fourth quarter was $2.0 billion, or $6.79 per share.

Shareholders’ net income for fourth quarter 2023 was $1.0 billion, or $3.49 per share.

Adjusted income from operations for fourth quarter 2023 was $2.0 billion, or $6.79 per share.

The Cigna Group's adjusted income from operations for 2023 was $7.4 billion, or $25.09 per share.

The Cigna Group's outlook for full year 2024 adjusted revenues is at least $235.0 billion.

Total Revenue
$51.1B
Previous year: $45.7B
+11.8%
EPS
$6.79
Previous year: $4.96
+36.9%
Gross Profit
$0
0
Cash and Equivalents
$7.82B
Previous year: $5.92B
+32.0%
Total Assets
$153B
Previous year: $144B
+6.2%

Cigna

Cigna

Forward Guidance

The Cigna Group's outlook for full year 2024 adjusted revenues is at least $235.0 billion. The Cigna Group’s outlook for full year 2024 consolidated adjusted income from operations is at least $8.025 billion, or at least $28.25 per share.