October 31, 2013 / 10:16 AM / 4 years ago

Cigna third-quarter profit rises as company contains costs

Oct 31 (Reuters) - Cigna Corp said on Thursday that its third-quarter profit rose due to revenue growth and as it managed medical costs in its commercial business, and the results beat analysts’ expectations.

The company reported net income of $553 million, or $1.95 per share, up from $466 million, or $1.61 per share, a year earlier.

Excluding investment gains, it reported profit of $1.89 per share. On that basis, analysts had expected $1.63, according to Thomson Reuters I/B/E/S.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below