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6 Months : From Apr 2019 to Oct 2019
By Kimberly Chin
Cigna Corp. (CI) raised its adjusted earnings projections for the year, as contributions from its Express Scripts Holding Co. merger helped lift its bottom line in its first quarter.
The health insurer has raised its adjusted income from operations at the high point of its guidance by $40 million. It now expects $6.24 billion to $6.4 billion. On a per-share basis, it now expects adjusted earnings between $16.25 to $16.65.
It also expects to add another $1 billion in revenues from its previous forecast to $132.5 billion to $134.5 billion.
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(END) Dow Jones Newswires
May 02, 2019 08:00 ET (12:00 GMT)
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