Investing.com - Cigna (NYSE:CI) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cigna announced earnings per share of $4.69 on revenue of $38.39B. Analysts polled by Investing.com anticipated EPS of $4.34 on revenue of $37.09B. That with comparison to EPS of $3.9 on revenue of $33.43B in the same period a year before.Cigna had reported EPS of $4.31 on revenue of $36.54B in the previous quarter.Analysts are expecting EPS of $4.57 and revenue of $38.16B in the upcoming quarter.
Cigna shares are down 4.22% from the beginning of the year and are trading at $195.87 , down-from-52-week-high.They are outperforming the S&P 500 which is down 9.4% year to date.
Cigna follows other major Financial sector earnings this month
Cigna's report follows an earnings missed by JPMorgan on Tuesday, April 14, 2020, who reported EPS of $0.78 on revenue of $29.07B, compared to forecasts EPS of $1.87 on revenue of $29.54B.
Mastercard had beat expectations on Wednesday with first quarter EPS of $1.83 on revenue of $4.01B, compared to forecast for EPS of $1.75 on revenue of $4B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar