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Cigna shares rally after Q3 beat and raise

  • Shares of Cigna (CI +5%) rally as Q3 results top estimates.
  • Revenues rise 10% Y/Y in Q3, while adjusted income from operations jumps 12%.
  • Premiums and fees growth by segment: Global Health Care, +7%; Global Supplemental Benefits, +29%; Group Disability and Life, +9%.
  • FY13 outlook: $6.70-6.90/share versus previous guidance of $6.25-6.65/share and against consensus of $6.65. (PR)
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