Cigna’s Adjusted Q4 Profit Beats Analysts’ Estimates
On Thursday, Cigna reported a fourth-quarter loss of $209 million, or 77 cents per share, compared with earnings of $263 million, or 93 cents per share, a year earlier. However, the company also reported an adjusted profit -- excluding certain one-time items -- of 49 cents per share. Analysts, who typically exclude one-time items from their estimates, had predicted a Cigna profit of 41 cents per share.
- "Cigna's Profit Beats Forecasts; Shares Jump" (Los Angeles Times, 2/6).