Top-News
Donnerstag,
04.08.2022 06:00
von
PR Newswire
| Aufrufe: 44
Cigna Reports Strong Second Quarter 2022 Results, Raises 2022 Outlook
Ein Arzt berät einen Patienten (Symbolbild).
© TommL / Vetta / Getty Images
https://www.gettyimages.de/
PR Newswire
BLOOMFIELD, Conn., Aug. 4, 2022
- Total revenues in the second quarter were $45.5 billion
- Shareholders' net income for the second quarter was $1.6 billion, or $4.90 per share
- Adjusted income from operations2 for the second quarter was $2.0 billion, or $6.22 per share
- Adjusted income from operations2,3 for 2022 is now projected to be at least $22.90 per share3
BLOOMFIELD, Conn., Aug. 4, 2022 /PRNewswire/ -- Global health services company Cigna Corporation (NYSE: CI) today reported strong second quarter 2022 results reflecting revenue and earnings growth across its businesses.
"Our focus on our customers, patients and clients continues to resonate in the market as our strong results and positive momentum reinforce the value we are delivering," said David M. Cordani, chairman and chief executive officer. "Evernorth and Cigna Healthcare continue driving our strong performance, and our focus on ongoing innovation positions us for sustained, differentiated growth."
Total revenues for second quarter 2022 were $45.5 billion. Adjusted revenues1 were $45.4 billion and reflect strong contributions from each of Cigna's ongoing businesses.
Shareholders' net income for second quarter 2022 was $1.6 billion, or $4.90 per share, compared with $1.5 billion, or $4.25 per share, for second quarter 2021.
Cigna's adjusted income from operations2 for second quarter 2022 was $2.0 billion, or $6.22 per share, compared with $1.8 billion, or $5.24 per share, for second quarter 2021 reflecting strong earnings contributions across the Company's businesses.
Reconciliations of total revenues to adjusted revenues1 and of shareholders' net income to adjusted income from operations2 are provided on the following page and on Exhibit 1 of this earnings release.
CONSOLIDATED HIGHLIGHTS
The following table includes highlights of results and reconciliations of total revenues to adjusted revenues1 and shareholders' net income to adjusted income from operations2:
| Consolidated Financial Results (dollars in millions): | | |||
| | Three Months Ended | Six Months Ended | ||
| | June 30, | March 31, | June 30, | |
| | 2022 | 2021 | 2022 | 2022 |
| | | | | |
| Total Revenues | $ 45,480 | $ 43,131 | $ 44,005 | $ 89,485 |
| Net Realized Investment (Gains) Losses from Equity Method Investments1 | (49) | (24) | 103 | 54 |
| Adjusted Revenues1 | $ 45,431 | $ 43,107 | $ 44,108 | $ 89,539 |
| | | | | |
| Consolidated Earnings, net of taxes | | | | |
| Shareholders' Net Income | $ 1,559 | $ 1,467 | $ 1,183 | $ 2,742 |
| Net Realized Investment (Gains) Losses2 | 16 | (70) | 355 | 371 |
| Amortization of Acquired Intangible Assets2 | 383 | 388 | 356 | 739 |
| Special Items2 | 23 | 23 | 37 | 60 |
| Adjusted Income from Operations2 | $ 1,981 | $ 1,808 | $ 1,931 | $ 3,912 |
| | | | | |
| Shareholders' Net Income, per share | $ 4.90 | $ 4.25 | $ 3.68 | $ 8.57 |
| Adjusted Income from Operations2, per share | $ 6.22 | $ 5.24 | $ 6.01 | $ 12.23 |
- Adjusted income from operations2 for the second quarter 2022 increased 9.6% from second quarter 2021 with strong contributions from Evernorth and Cigna Healthcare.
- The adjusted SG&A expense ratio4 was 7.1% for second quarter 2022 compared to 6.9% for second quarter 2021.
- The debt-to-capitalization ratio was 42.1% at June 30, 2022, in line with first quarter 2022.
- Year to date through June 30, 2022, the Company repurchased 9.7 million shares of common stock for approximately $2.3 billion. Additionally, in July 2022, the Company received an initial delivery of 10.4 million shares of our common stock in accordance with the Accelerated Share Repurchase Agreements announced in June.
CUSTOMER RELATIONSHIPS
The following table summarizes Cigna's medical customers and overall customer relationships:
| Customer Relationships (in thousands):
| ||||
| | As of the Periods Ended | |||
| | June 30, | March 31, | December 31, | |
| | 2022 | 2021 | 2022 | 2021 |
| | | | | |
| Total Customer Relationships5 | 191,265 | 178,862 | 190,370 | 185,672 |
| | | | | |
| Total Pharmacy Customers | 108,221 | 101,929 | 107,440 | 107,298 |
| | | | | |
| U.S. Commercial | 14,652 | 13,760 | 14,621 | 13,854 |
| U.S. Government Werbung Mehr Nachrichten zur Cigna Inc. Aktie kostenlos abonnieren
E-Mail-Adresse
Bitte überprüfe deine die E-Mail-Adresse.
Benachrichtigungen von ARIVA.DE (Mit der Bestellung akzeptierst du die Datenschutzhinweise) -1  Vielen Dank, dass du dich für unseren Newsletter angemeldet hast. Du erhältst in Kürze eine E-Mail mit einem Aktivierungslink. Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte. Andere Nutzer interessierten sich auch für folgende News | ||||
