BUZZ-Cigna rises after quarterly results beat

Reuters
Feb 05
BUZZ-Cigna rises after quarterly results beat

** Shares of health insurer Cigna CI.N rise 3.50% to $281.21

** CI posts Q4 adj. profit of $8.08/shr vs average analysts' estimates of $7.88/shr - LSEG data

** Co reports Q4 revenue of $72.5 billion, beating estimates of $69.83 billion

** Co's medical loss ratio, or the percentage of premiums spent on medical care, was at 88%, compared with analysts' estimates of 87.34%

** On Wednesday, co settled the U.S. Federal Trade Commission's insulin case and agreed to changes aimed at lowering costs for patients, insurers and small pharmacies

** Shares down 0.33% in 2025

(Reporting by Gnaneshwar Rajan in Bengaluru)

((Gnaneshwar.Rajan@thomsonreuters.com;))

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