Cigna Group (NYSE:CI) reported its Q1 earnings results on Friday, May 5, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Cigna Group beat estimated earnings by 3.24%, reporting an EPS of $5.41 versus an estimate of $5.24.
Revenue was up $2.41 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 2.96% drop in the share price the next day.
Here’s a look at Cigna Group’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 4.86 | 5.71 | 5.48 | 5.18 |
| EPS Actual | 4.96 | 6.04 | 6.22 | 6.01 |
| Revenue Estimate | 45.71B | 44.76B | 44.41B | 43.41B |
| Revenue Actual | 45.74B | 45.36B | 45.43B | 44.11B |
To track all earnings releases for Cigna Group visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
