Investing.com - Cigna (NYSE:CI) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $4.3 on revenue of $34.38B. Analysts polled by Investing.com expected EPS of $3.74 on revenue of $34.97B. That compared to EPS of $3.89 on revenue of $11.48B in the same period a year earlier. The company had reported EPS of $3.9 on revenue of $33.43B in the previous quarter.
For the year, Cigna shares are down 10.53%, under-performing the S&P 500 which is up 20.32% year to date.
Cigna follows other major Financial sector earnings this month
On Tuesday, July 16, 2019, JPMorgan reported second quarter EPS of $2.82 on revenue of $29.57B, compared to forecasts of EPS of $2.5 on revenue of $28.84B.
Bank of America earnings beat analyst's expectations on Wednesday, July 17, 2019, with second quarter EPS of $0.74 on revenue of $23.08B. Investing.com analysts expected EPS of $0.71 on revenue of $23.11B
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