CI Stock Recent News

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Shares of Cigna (CI -7.49%) were dropping Thursday. The stock was down 8.4% as of 1:20 p.m.

CI's Q4 results reflect a decline in Individual and Family Plans customers. Management expects 2025 adjusted EPS at a minimum of $29.50, which indicates growth of at least 7.9% from the 2024 figure.

The Cigna Group (NYSE:CI ) Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants David Cordani - Cigna Group's Chairman, Chief Executive Officer Brian Evanko - Chief Financial Officer of Cigna Group, President, Chief Executive Officer of Cigna Healthcare Eric Palmer - President, Chief Executive Officer of Evernorth Health Services Ralph Giacobbe - Senior Vice President of Investor Relations Conference Call Participants Justin Lake - Wolf Research Stephen Baxter - Wells Fargo Charles Rhyee - TD Cowen Lisa Gill - JP Morgan AJ Rice - UBS Scott Fidel - Stephens Erin Wright - Morgan Stanley Andrew Mok - Barclays Josh Raskin - Nephron Research Adam Ron - Bank of America Ann Hynes - Mizuho Security Sarah James - Cantor Fitzgerald Ben Hendrix - RBC Capital Markets George Hill - Deutsche Bank Operator Ladies and gentlemen, thank you for standing by for the Cigna Group's Fourth Quarter 2024 Results Review. At this time all callers are in a listen-only mode.

While the top- and bottom-line numbers for Cigna (CI) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Cigna (CI) came out with quarterly earnings of $6.64 per share, missing the Zacks Consensus Estimate of $7.83 per share. This compares to earnings of $6.79 per share a year ago.

Cigna forecast annual profit below Wall Street expectations on Thursday and missed estimates for the fourth quarter, hurt by higher medical costs for a type of employer-sponsored healthcare plan.

The Cigna Group Thursday reported more than $3.4 billion in 2024 net income including $1.4 billion in the fourth quarter as the health insurer worked to overcome rising medical expenses in its employer plans.

Total revenues for 2024 increased 27% to $247.1 billion Shareholders' net income for 2024 was $3.4 billion, or $12.12 per share Adjusted income from operations1 for 2024 was $7.7 billion, or $27.33 per share 2025 adjusted income from operations1,2 is projected to be at least $7.9 billion, or at least $29.50 per share Board of Directors declared an 8% increase in the quarterly dividend to $1.51 per share and approved an increase of $6.0 billion in incremental share repurchase authorization, bringing total authorization to $10.3 billion BLOOMFIELD, Conn. , Jan. 30, 2025  /PRNewswire/ -- Global health company The Cigna Group (NYSE: CI) today reported 2024 results, reflecting continued strength in Evernorth Health Services, while Cigna Healthcare results were impacted by higher stop loss medical costs.

Greater Flexibility, More Health Care Options for Customers LOS ANGELES , Jan. 29, 2025 /PRNewswire/ -- Cigna Healthcare and Providence are expanding their Los Angeles County network, offering customers several additional care facilities. Through this agreement, Cigna Healthcare Select HMO customers now have even more options for affordable, in-network care with almost 2,000 providers and specialists across an array of facilities.