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Reuters

Cigna lifts 2026 adjusted profit outlook to at least $30.45 a share as Evernorth revenue rises 6%

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Cigna's Q2 results showed continued strength in Evernorth Health Services, with adjusted segment revenue up 6% and EPS beating consensus, supporting confidence in its earnings durability despite a higher medical loss ratio. Management also raised its 2026 adjusted EPS outlook modestly, reinforcing the strategic pivot away from government-backed plans toward employer-sponsored and pharmacy benefit management. The update is likely supportive for managed-care and PBM-related equities near term.
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Cigna reported second-quarter 2024 results showing adjusted revenue at its Evernorth Health Services unit of $61.47 billion, up 6% year over year, alongside a medical loss ratio of 84.5%, up 1.3 percentage points. Adjusted earnings were $7.78 per share, above the $7.60 consensus estimate. The company also raised its 2026 adjusted earnings forecast by 10 cents to at least $30.45 per share. The results reflect steady growth in its core health services business.