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CIGNA Corp. (NYSE:CI) is expected to report Q2 earnings Friday before the open with a conference call scheduled for 8:30 am ET.

Guidance

Analysts are looking for a profit of 97c on revenue of $4.76B. The consensus is 91c to $1.00 for EPS, and revenue of $4.47B to $4.96B, according to First Call. For Q1, the company reported EPS 94c vs. consensus of 96c and revenue $4.57B vs. consensus of $4.55B.

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 healthcare sector and rising medical costs.

Analyst Views

In late May, Cigna was removed from Goldman Sach's conviction buy list.

On July 8, Credit Suisse said it remains cautious on the Managed Care industry heading into Q2 earnings as they do not believe all the Medicare and Medicaid pressures have been fully "fleshed out yet." The analyst continues to favor Cigna, despite uncertainties, given its more diversified earnings base and limited exposure to areas with the most near-term uncertainty.

Source: Earnings Preview: Cigna Corp.