Healthcare | Health Care Plans | USA
Cigna's (CI) Q4 Earnings Miss, Revenues Surpass Estimates
Cigna Corp. CI came up with adjusted earnings per share of $2.46 in fourth-quarter 2018, missing the Zacks Consensus Estimate by 2.8%. However, the same was up 26.8% year over year.
A rise in operating expenses which more than offset the increase in revenues led to the earnings miss.
Cigna posted revenues of $13.75 billion, surpassing the Zacks Consensus Estimate by 21.7%. Revenues also grew 29% year over year, led by higher premium and fee income.
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https://finance.yahoo.com/news/cignas-ci...07097.html
Cigna's (CI) Q4 Earnings Miss, Revenues Surpass Estimates
Cigna Corp. CI came up with adjusted earnings per share of $2.46 in fourth-quarter 2018, missing the Zacks Consensus Estimate by 2.8%. However, the same was up 26.8% year over year.
A rise in operating expenses which more than offset the increase in revenues led to the earnings miss.
Cigna posted revenues of $13.75 billion, surpassing the Zacks Consensus Estimate by 21.7%. Revenues also grew 29% year over year, led by higher premium and fee income.
...
https://finance.yahoo.com/news/cignas-ci...07097.html