Cigna Q1 adjusted revenue beats estimates, outlook raised

Cigna group

30/04/2026 11:08

Overview

US health insurer's Q1 adjusted revenue beat analyst expectations

Adjusted income from operations per share rose 16% to $7.79

Company raised 2026 outlook for adjusted income from operations per share

Outlook

Cigna raises 2026 adjusted income from operations outlook to at least $30.35 per share

Company sees 2026 Evernorth pre-tax adjusted income from operations of at least $6.9 bln

Cigna Healthcare 2026 pre-tax adjusted income from operations outlook raised to at least $4.525 bln

Cigna expects 2026 Cigna Healthcare medical care ratio of 83.7% to 84.7%

Result Drivers

EVERNORTH GROWTH - Evernorth Health Services revenue and operating income rose, driven by specialty pharmacy volume and increased adoption of generics and biosimilars

CIGNA HEALTHCARE MARGINS - Improved margins in U.S. Healthcare drove higher operating income, despite lower revenue from the HCSC divestiture

OPERATING EFFICIENCY - Lower SG&A expense ratios reflected business mix shift and improved operating efficiency

Company press release: ID:nPn9YWqVna

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$68.49 bln
Q1 Adjusted Revenue
Beat
$68.52 bln
$66.37 bln (18 Analysts)
Q1 EPS
$6.26


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the managed healthcare peer group is "buy"

Wall Street's median 12-month price target for Cigna Group is $334.00, about 14.3% above its April 29 closing price of $292.32

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)