By Kelly Cloonan
Cigna Group logged higher revenue in its latest quarter as its pharmacy-benefit business Evernorth continues to grow.
The healthcare company on Thursday posted a profit of $1.2 billion, or $4.64 a share, compared with $1.4 billion, or $5.13 a share, a year earlier.
Adjusted earnings per share were $8.08 a share, ahead of estimates of $7.88 a share according to analysts polled by FactSet.
Revenue rose 10% to $72.47 billion, topping analyst estimates of $70.31 billion.
The Bloomfield, Conn., company said growth was primarily driven by its Evernorth Health Services business, which includes pharmacy benefit services and specialty and care services. Adjusted revenue for Evernorth rose 17%.
The gain was partially offset by a 16% decline in adjusted revenue for Cigna's namesake segment. Cigna Healthcare provides medical plans and other benefits, and included Medicare and related businesses, until the company divested them last March.
For the full year, the company expects adjusted earnings per share of at least $30.25. Analysts forecast $30.30.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
February 05, 2026 06:00 ET (11:00 GMT)
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