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Cigna Corp.

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Cigna’s earnings of $1.87 per share, comfortably beat the Zacks Consensus Estimate of $1.78, and was up 3.9% year over year. The improvement was backed by revenue growth. Cigna is soon to be acquired by Anthem. The merger will help it to emerge as a stronger player. Its strong global supplemental business, Pharmacy benefits management services agreement, organizational efficiency plans and expansion of Seniors and Medicare business with the acquisition of HealthSpring are likely to drive long term growth. However, Chinese competition, business expansion cost in the Indian market and unfavorable currency movements, ban from CMS, rising expense will pose near term headwinds.


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