CIGNA $1.15 EPS Beats Estimates (CI)

Philadelphia, Pennsylvania-based CIGNA Corporation CI on Thursday morning released financial results that beat Wall Street expectations. CIGNA Corporation reported that its 4th quarter net income climbed to $461 million, or $1.69 per share, up from $330 million, or $1.19 per share, a year earlier. Excluding special items, the company earned $1.15 per share. CIGNA Corporation reported revenue of $5.43 billion, up from $4.64 billion a year earlier. A poll of analysts conducted by Thomson Reuters showed an average Wall Street estimate of expected earnings of $1.02 per share, on revenue of $5.36 billion. CIGNA Corporation (CI) ended the previous trading session at $42.26 per share. Analysts covering the company's stock have a consensus price target of $45.00 per share. CIGNA Corporation is a global health service and financial company dedicated to helping people improve their health, well-being and sense of security. CIGNA Corporation's operating subsidiaries in the United States provide an integrated suite of health services, such as medical, dental, behavioral health, pharmacy and vision care benefits, as well as group life, accident and disability insurance. Read more from Benzinga's Company news.