CIGNA Corp. (NYSE:CI) is expected to report Q3 earnings before market open Thursday, October 30, with a conference call scheduled for 8:30 am ET.
Analysts are looking for a profit of $1.06 on revenue of $4.86B. The consensus is 91c to $1.00 for EPS, and revenue of $4.47B to $4.96B, according to First Call. For Q2 the company reported EPS $1.08 vs. consensus 97c, and revenue $4.9B vs. consensus $4.76B. Positives for this quarter might be some accretion from the Great-West Health care acquisition and Cigna's international exposure. Possible Negative factors for this earnings quarter include increased competition in the managed health care sector and rising medical costs.
On October 3 Bernstein initiated Cigna with an Outperform rating and a target of $44.