Investing.com - Cigna (NYSE:CI) reported fourth quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $2.46 on revenue of $13.75B. Analysts polled by Investing.com forecast EPS of $2.45 on revenue of $12.18B. That compared to EPS of $1.94 on revenue of $10.51B in the same period a year earlier. The company had reported EPS of $3.84 on revenue of $11.46B in the previous quarter.
For the year, Cigna shares are up 5.21%, under-performing the S&P 500 which is up 9.58% year to date.
Cigna follows other major Financial sector earnings this month
On Tuesday, January 15, 2019, JPMorgan reported fourth quarter EPS of $1.98 on revenue of $26.8B, compared to forecasts of EPS of $2.2 on revenue of $26.84B.
Bank of America earnings beat analyst's expectations on Wednesday, January 16, 2019, with fourth quarter EPS of $0.7 on revenue of $22.74B. Investing.com analysts expected EPS of $0.63 on revenue of $22.35B
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