Stock Track | Cigna Group Soars 5.03% on Robust 2024 Results and Promising 2025 Outlook

Stock Track
01-31

Shares of The Cigna Group (CI) surged 5.03% in pre-market trading on Friday as the healthcare giant reported impressive financial results for 2024 and issued an optimistic outlook for 2025.

The company's fourth-quarter earnings release highlighted several positive points, driving investor confidence and the subsequent stock rally:

  • Full-year revenue growth of 27% to approximately $247 billion in 2024, reflecting strong demand for Cigna's healthcare services.
  • Adjusted earnings per share (EPS) increased by 9% year-over-year to $27.33, showcasing the company's profitability.
  • Cigna returned $8.6 billion to shareholders through dividends and share repurchases, underscoring its commitment to shareholder value creation.
  • The Evernorth segment, which includes specialty and care services, continued to drive robust results, contributing to the overall growth.

Looking ahead, Cigna provided an encouraging 2025 outlook, further fueling investor optimism. The company expects adjusted EPS of at least $29.50 and consolidated adjusted revenues of at least $252 billion, reflecting continued growth momentum.

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