Cigna Sees Adjusted Revenue Growth, Pandemic Impact in 2021
February 04 2021 - 6:52AM
Dow Jones News
By Matt Grossman
Cigna Corp. said Thursday it expects to adjusted revenue growth
and a full-year profit in 2021 in guidance that includes a
continuing impact from the Covid-19 pandemic.
The Bloomfield, Conn.-based health-care company said its
adjusted revenue would be at least $165 billion in 2021, compared
with $160.07 billion in 2020.
Its full-year adjusted profit would be at least $20 a share,
Cigna forecast. That estimate includes a per-share unfavorable
impact from Covid-19 of $1.25, Cigna said.
Analysts surveyed by FactSet had been projecting a full-year
adjusted profit of $20.61 a share and revenue of $164.4
billion.
Cigna said its adjusted income attributable to its Evernorth
health-services segment would be at least $5.6 billion, with at
least $3.8 billion of profit from its U.S. medical division.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
February 04, 2021 06:37 ET (11:37 GMT)
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