Cigna 2020 Guidance Aligns With Expectations
April 30 2020 - 06:56AM
Dow Jones News
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)
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