FMP
Cigna Corporation Reports Q1 Beat, Provides 2022 Outlook
May 10, 2022 4:28 PM - Davit Kirakosyan
Image credit: FMP
Cigna Corporation (NYSE:CI) reported its Q1 results, with EPS coming in at $6.01, beating the consensus estimate of $5.17. Revenue was $44 billion, compared to the consensus estimate of $43.42 billion.
Strong quarterly results reflected solid performance across both the Evernorth and Cigna Healthcare segments. In particular, Evernorth saw sustained momentum across its specialty pharmacy business lines, as Accredo and CuraScript continued to support outsized growth in the specialty platform.
The company provided its full 2022-year outlook, expecting EPS of $22.60, compared to the consensus estimate of $22.49, and revenue of $177 billion, compared to the consensus estimate of $178.9 billion.
Other Blogs
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
P/E Ratios Using Normalized Earnings
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
What is Price To Earnings Ratio and How to Calculate it using Python
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
VMware Stock Drops 12% as China May Hold Up the Broadcom Acquisition
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...
