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Cigna tumbles
Cigna quarterly profit hit by higher medical costs, shares tumble
Cigna forecast annual profit below Wall Street expectations on Thursday and missed estimates for the fourth quarter, as high-cost claims in employer-sponsored plans drove up expenses in its backup insurance product.
Cigna drops as rising medical costs drive Q4 earnings miss
Cigna (CI) stock falls as the managed care company's Q4 2024 earnings miss the consensus due to an unexpected rise in medical costs. Read more here.
Cigna tumbles after medical costs hit quarterly profit
Cigna Group shares fell sharply after the health insurer reported fourth-quarter profit that was dragged down by medical costs, a trend that’s concerned investors in the sector for months.
Cigna misses quarterly profit estimates on higher medical costs
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. Shares of the company fell 6% to $284.
22h
on MSN
Cigna projects 2025 EPS of at least $29.50 amid biosimilar growth and strategic investments
Q4 2024 Management View CEO David Cordani highlighted Cigna's full-year revenue growth of $247 billion, a 27% increase, ...
2h
Cigna price target lowered to $350 from $400 at Cantor Fitzgerald
Cantor Fitzgerald lowered the firm’s price target on Cigna (CI) to $350 from $400 and keeps an Overweight rating on the shares. Cantor is ...
Modern Healthcare
1d
Cigna to spend $150M to improve prior auth, patient advocacy: CEO
Cigna Group CEO David Cordani said the company will make investments this year to improve patient and provider experiences ...
21h
on MSN
Why Cigna Stock Is Plummeting Today
Shares of Cigna ( CI -8.00%) were dropping Thursday. The stock was down 8.4% as of 1:20 p.m. ET but had lost as much as 11.3% ...
3h
Cigna price target lowered to $375 from $400 at Oppenheimer
Oppenheimer lowered the firm’s price target on Cigna (CI) to $375 from $400 and keeps an Outperform rating on the shares. The firm notes ...
1d
Cigna taking steps to lower out-of-pocket cost of prescription drugs
Cigna's Evernorth Health Services said on Wednesday its actions will enhance transparency about the company's negotiations.
STAT
21h
Cigna’s lower earnings reveal how sick American workers are
Cigna blamed lower-than-expected fourth-quarter returns on its stop-loss insurance business that insures employers from ...
2d
Cigna Plans to Limit Out-Of-Pocket Drug Costs for US Patients
Cigna Group plans to limit patients’ out-of-pocket expenses for medications as the insurer faces pressure from Washington ...
7h
Connecticut-based Cigna announces plan to reduce prescription-drug costs
Bloomfield-based Cigna announced this week a new initiative that aims to reduce out-of-pocket prescription-drug costs and make those costs more transparent.
2h
Cautiously Optimistic Outlook for Cigna: Buy Rating Backed by Conservative Guidance and Growth Potential
Jefferies analyst David Windley has maintained their bullish stance on CI stock, giving a Buy rating today.Invest with Confidence: Follow ...
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