Cigna Reports Fourth Quarter and Full Year 2020 Results, Expects Continued Revenue and Earnings Growth in 2021
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Total revenues for 2020 were $160.4 billion, and adjusted revenues
1 for 2020 were $160.1 billion
Shareholders' net income for 2020 was $8.5 billion, or $22.96 per share
Adjusted income from operations
Adjusted revenues
Adjusted income from operations
2,3 is projected to be at least $6.95 billion in 2021, or at least $20.00 per share
3
Global health services company Cigna Corporation (NYSE: CI) today reported strong 2020 results driven by focused execution through the ongoing COVID-19 pandemic.
"I'm extremely proud of the ways in which our 70,000-plus Cigna employees delivered for our customers, our clients, our providers, our partners, and our shareholders amid the ongoing COVID-19 pandemic," said David M. Cordani, president and chief executive officer. "Our fourth quarter results were in line with expectations, as we continued to make investments in our customers, capabilities, and co-workers — all while covering elevated COVID-related costs. As a result, we have entered 2021 with great momentum, and our health services portfolio, fueled by the launch of Evernorth, is well-positioned for sustained long-term growth."