Insurer Cigna's 1Q profit soars 52 percent (AP)
INDIANAPOLIS – Cigna says its first-quarter net income jumped 52 percent, as the managed tending consort saw strong earnings growth from every of its businesses.
The metropolis underwriter earned $429 million, or $1.57 per share, in the threesome months that ended March 31. That's up from the $283 million, or $1.02 per share, last year. Revenue climbed 4 proportionality to $5.41 1000000000 from $5.21 billion.
Adjusted income from dealings totaled $1.37 per share.
Analyst prognosticate earnings of $1.09 per deal on $5.49 1000000000 in revenue.
Cigna, the fourth-largest upbeat underwriter based on enrollment, operates upbeat care, assemble disability and chronicle segments in the United States. It also sells individualist shelter in individual countries and operates an expel business that provides news for people experience right their bag countries.
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