Cigna Corp. CI, -0.60% said Thursday it had net income of $1.621 billion, or $4.80 a share, in the third quarter, up from $1.388 billion, or $3.78 a share, in the year-earlier period.
Adjusted per-share earnings came to $5.73, ahead of the FactSet consensus of $5.23. Revenue rose to $44.310 billion from $40.801 billion a year ago, also ahead of the $42.940 billion FactSet consensus. The company is now expecting full0year EPS of at least $20.35, up from earlier guidance of $20.20, and ahead of the FactSet consensus of $20.28. Shares were slightly higher premarket and have gained about 5% in the year to date, while the S&P 500 SPX, 0.29% has gained 24%.