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Cigna's Q2 Profit Beats Analyst Estimates As Evernorth Health Services Growth Builds Momentum, Reiterates Annual Outlook
Cigna reported Q2 sales of $60.52 billion, up 25% YoY, beating estimates. Growth was driven by Evernorth Health Services' client wins. Adjusted income rose 5% to $1.91 billion. Cigna Healthcare sales grew 3% to $13.14 billion. EPS of $6.72 surpassed expectations.
On Thursday, Cigna Corporation (NYSE:CI) reported second-quarter sales of $60.52 billion, up 25% year-over-year, beating the consensus of $58.33 billion.
The increase was primarily driven by significant growth in Evernorth Health Services, reflecting several large client wins.
Adjusted income from operations increased 5% to $1.91 billion, reflecting strong contributions from Evernorth Health Services and Cigna Healthcare.
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