Cigna Bumps Up FY19 Projections
May 02 2019 - 8:15AM
Dow Jones News
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.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
May 02, 2019 08:00 ET (12:00 GMT)
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