Cigna Raises 2026 Profit Forecast Following Strong Q2 Earnings
Cigna Group raised its full-year adjusted profit forecast for 2026 after reporting second-quarter earnings that exceeded expectations. The company now anticipates at least $30.45 per share in adjusted income from operations, up slightly from the previous outlook and above analysts' estimates of $30.41. The Q2 results were driven by strong performance across key segments: Evernorth Health Services reported a 6% revenue increase to $61.5 billion, with Specialty and Care Services seeing a 22% rise in adjusted pre-tax income due to higher specialty drug volume and operational efficiencies. Cigna Healthcare also saw a 17% jump in adjusted pre-tax income from its U.S. employer business. Cigna has been shifting focus away from government-backed insurance markets, such as Medicare Advantage and the Affordable Care Act plans, toward commercial employer coverage and pharmacy services.
Tickers: $CI
Topics: healthcare insurance pharmaceuticals