Cigna slightly raised its full-year adjusted profit forecast after beating first-quarter earnings estimates, supported by strength in its health services unit and lower-than-expected medical costs. The update points to improved near-term profitability and a modestly better outlook for the year. The news is positive for the stock, but the guidance increase was only slight.
Cigna slightly raised its full-year adjusted profit forecast after beating first-quarter earnings estimates, supported by strength in its health services unit and lower-than-expected medical costs. The update points to improved near-term profitability and a modestly better outlook for the year. The news is positive for the stock, but the guidance increase was only slight.
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moderately positive
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