Investing.com - Cigna (NYSE:CI) reported third quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $4.54 on revenue of $35.83B. Analysts polled by Investing.com expected EPS of $4.36 on revenue of $34.39B. That compared to EPS of $3.84 on revenue of $11.46B in the same period a year earlier. The company had reported EPS of $4.3 on revenue of $34.38B in the previous quarter.
For the year, Cigna shares are down 7.1%, under-performing the S&P 500 which is up 23% year to date.
Cigna follows other major Financial sector earnings this month
On October 15, JPMorgan reported third quarter EPS of $2.68 on revenue of $30.06B, compared to forecasts of EPS of $2.45 on revenue of $28.47B.
Bank of America earnings beat analyst's expectations on October 16, with third quarter EPS of $0.56 on revenue of $22.8B. Investing.com analysts expected EPS of $0.54 on revenue of $22.58B
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