: Cigna expects to affirm 2022 profit guidance in ‘the next several weeks’

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Cigna Corp. CI, +0.19% said Friday that as it meets with investors and analysts over the next several weeks, it plans to affirm its guidance for 2022 adjusted earnings per share of “at least” $23.10. The health insurer provided that guidance on Nov. 3, when it raised its outlook to at least $23.10 from at least $22.90. The FactSet consensus for 2022 EPS is $23.16. The company is scheduled to present at the J.P. Morgan Healthcare Conference on Jan. 10, and is projected to report fourth-quarter and full-year 2022 results around Feb. 3, according to FactSet. The stock, which is still inactive in premarket trading, has rallied 44.0% year to date, while the SPDR Health Care Select Sector ETF XLV, -0.36% has slipped 3.2% and the S&P 500 SPX, -0.25% has shed 19.2%.

This article was originally published by Marketwatch.com. Read the original article here.

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