Investing.com - Cigna (NYSE:CI) reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cigna announced earnings per share of $6.01 on revenue of $44.01B. Analysts polled by Investing.com anticipated EPS of $5.2 on revenue of $43.38B.
Cigna shares are up 9.78% from the beginning of the year and are trading at $252.08 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.99% from the start of the year.
Cigna follows other major Healthcare sector earnings this month
Cigna's report follows an earnings beat by J&J on April 19, who reported EPS of $2.67 on revenue of $23.43B, compared to forecasts EPS of $2.59 on revenue of $23.62B.
UnitedHealth had beat expectations on April 14 with first quarter EPS of $5.49 on revenue of $80.15B, compared to forecast for EPS of $5.36 on revenue of $78.73B.
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