Q4 2024 Management View CEO David Cordani highlighted Cigna's full-year revenue growth of $247 billion, a 27% increase, alongside adjusted EPS of $27.33, which fell short of expectations. He reaffirmed the company's long-term growth target of 10%-14% annually and announced plans to leverage
Fresh off underperforming Wall Street’s expectations in the fourth quarter, Cigna said it would work to lower costs for its customers amid widespread discontent with the healthcare system.
President Donald Trump in December said he wanted to “knock out the middleman” in drug purchasing.
Cigna Group CEO David Cordani said the company will make investments this year to improve patient and provider experiences with the insurer.
Wall Street's main indexes rose on Thursday, driven by post-earnings advances in Meta and Tesla, although Microsoft's weak cloud forecast and downbeat results from Cigna dampened investor enthusiasm. Microsoft MSFT.O dropped 4.7% after forecasting disappointing growth in its cloud computing business.
Cigna's Evernorth Health Services said on Wednesday its actions will enhance transparency about the company's negotiations.
Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ETCompany ParticipantsDavid Cordani - Cigna Group's Chairman,
The Cigna Group reported today their total revenue of $247.1 billion for 2024, compared with $195.3 billion in 2023. This growth highlights the company’s strong financial results, supported by expansions in Evernorth Health Services,
Reports Q4 revenue $65.65B, consensus $63.18B. “While higher medical costs in our stop loss product impacted fourth quarter earnings, we are
It happened again on Thursday morning, when Cigna Group reported quarterly earnings. The results missed estimates and management’s financial guidance for next year was lower than Wall Street expected.
Wall Street opens up on relief Meta and Microsoft kept their AI spending plans even as their earnings come in mixed. Next up, Apple after the close.