By Matt Grossman

 

Cigna Corp. on Thursday provided guidance for 2020 that aligned with analysts' prior forecasts for the year.

Adjusted income from operations is expected to be $18 a share to $18.60 a share for the full year, Cigna said. Analysts were expecting adjusted income of $18.29 a share, according to FactSet.

The health-care company expects full-year adjusted revenue of $154 billion to $156 billion, it said. Analysts' consensus forecast had been near the midpoint of that range, at $154.72 billion.

Cigna noted that though it expects to close the sale of its group disability and life business in the third quarter of the year, its forecasts assume a full-year contribution from the division.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

April 30, 2020 06:41 ET (10:41 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
Cigna (NYSE:CI)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Cigna Charts.
Cigna (NYSE:CI)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Cigna Charts.