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What Analyst Projections for Key Metrics Reveal About Cigna (CI) Q3 Earnings
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Wall Street analysts expect Cigna (CI - Free Report) to post quarterly earnings of $7.46 per share in its upcoming report, which indicates a year-over-year decline of 4.7%. Revenues are expected to be $73.53 billion, up 5.7% from the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
With that in mind, let's delve into the average projections of some Cigna metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts expect 'Revenues- Evernorth Health Services' to come in at $64.06 billion. The estimate suggests a change of +6.1% year over year.
It is projected by analysts that the 'Revenues- Cigna Healthcare' will reach $11.65 billion. The estimate indicates a change of +6.6% from the prior-year quarter.
The consensus among analysts is that 'Revenues- Cigna Healthcare- Premiums- U.S. Commercial - Stop loss' will reach $2.18 billion. The estimate suggests a change of +14.1% year over year.
The collective assessment of analysts points to an estimated 'Revenues- Cigna Healthcare- Premiums- U.S. Commercial - Employer insured' of $4.99 billion. The estimate suggests a change of +6.1% year over year.
The consensus estimate for 'Medical Care Ratio - Cigna Healthcare' stands at 85.1%. The estimate compares to the year-ago value of 84.8%.
Based on the collective assessment of analysts, 'Medical Customers - U.S. Healthcare' should arrive at 16.75 million. The estimate compares to the year-ago value of 16.35 million.
Analysts' assessment points toward 'Covered Lives By Market Segment - Medical Customers - International Health' reaching 1.62 million. Compared to the present estimate, the company reported 1.71 million in the same quarter last year.
According to the collective judgment of analysts, 'Medical Customers - Total' should come in at 18.37 million. Compared to the present estimate, the company reported 18.06 million in the same quarter last year.
The combined assessment of analysts suggests that 'Healthcare Medical Customers - Administrative services only - U.S. Healthcare' will likely reach 14.20 million. Compared to the current estimate, the company reported 13.79 million in the same quarter of the previous year.
The average prediction of analysts places 'Healthcare Medical Customers - Insured - U.S. Healthcare' at 2.47 million. Compared to the present estimate, the company reported 2.56 million in the same quarter last year.
Analysts forecast 'Pharmacy claim volume' to reach 553.94 million. The estimate is in contrast to the year-ago figure of 558.00 million.
Analysts predict that the 'Healthcare Medical Customers - Administrative services only - Total' will reach 14.66 million. Compared to the current estimate, the company reported 14.23 million in the same quarter of the previous year.
Shares of Cigna have demonstrated returns of +10.2% over the past month compared to the Zacks S&P 500 composite's -0.9% change. With a Zacks Rank #3 (Hold), CI is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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What Analyst Projections for Key Metrics Reveal About Cigna (CI) Q3 Earnings
Wall Street analysts expect Cigna (CI - Free Report) to post quarterly earnings of $7.46 per share in its upcoming report, which indicates a year-over-year decline of 4.7%. Revenues are expected to be $73.53 billion, up 5.7% from the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
With that in mind, let's delve into the average projections of some Cigna metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts expect 'Revenues- Evernorth Health Services' to come in at $64.06 billion. The estimate suggests a change of +6.1% year over year.
It is projected by analysts that the 'Revenues- Cigna Healthcare' will reach $11.65 billion. The estimate indicates a change of +6.6% from the prior-year quarter.
The consensus among analysts is that 'Revenues- Cigna Healthcare- Premiums- U.S. Commercial - Stop loss' will reach $2.18 billion. The estimate suggests a change of +14.1% year over year.
The collective assessment of analysts points to an estimated 'Revenues- Cigna Healthcare- Premiums- U.S. Commercial - Employer insured' of $4.99 billion. The estimate suggests a change of +6.1% year over year.
The consensus estimate for 'Medical Care Ratio - Cigna Healthcare' stands at 85.1%. The estimate compares to the year-ago value of 84.8%.
Based on the collective assessment of analysts, 'Medical Customers - U.S. Healthcare' should arrive at 16.75 million. The estimate compares to the year-ago value of 16.35 million.
Analysts' assessment points toward 'Covered Lives By Market Segment - Medical Customers - International Health' reaching 1.62 million. Compared to the present estimate, the company reported 1.71 million in the same quarter last year.
According to the collective judgment of analysts, 'Medical Customers - Total' should come in at 18.37 million. Compared to the present estimate, the company reported 18.06 million in the same quarter last year.
The combined assessment of analysts suggests that 'Healthcare Medical Customers - Administrative services only - U.S. Healthcare' will likely reach 14.20 million. Compared to the current estimate, the company reported 13.79 million in the same quarter of the previous year.
The average prediction of analysts places 'Healthcare Medical Customers - Insured - U.S. Healthcare' at 2.47 million. Compared to the present estimate, the company reported 2.56 million in the same quarter last year.
Analysts forecast 'Pharmacy claim volume' to reach 553.94 million. The estimate is in contrast to the year-ago figure of 558.00 million.
Analysts predict that the 'Healthcare Medical Customers - Administrative services only - Total' will reach 14.66 million. Compared to the current estimate, the company reported 14.23 million in the same quarter of the previous year.
View all Key Company Metrics for Cigna here>>>Shares of Cigna have demonstrated returns of +10.2% over the past month compared to the Zacks S&P 500 composite's -0.9% change. With a Zacks Rank #3 (Hold), CI is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .