Cigna Misses EPS Estimates But Top Line Exceeds Expectations

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Cigna Health Care . CIGNA (NYSE:CI) reported Q1 EPS of .28, missing estimates by VideoDescription.02. Revenues in the quarter rose 25.4% year-over-year to .8 billion, beating estimates by 0 million. David M. Cordani, President and Chief Executive Officer said, "Our first quarter 2012 results exceeded our expectations for earnings and customer growth, reflecting continued effective execution of our strategy with solid contributions from each of our ongoing businesses. We are pleased that our health and wellness programs continue to deliver value for customers who are seeking to improve their overall health status while achieving a more sustainable level of cost. Our recent acquisition of HealthSpring positions us to effectively serve the US Seniors market, and we are partnering with physicians on a collaborative and accountable model for US Health Care. Through these initiatives, and our investments in emerging economies, we continue to strengthen Cigna's capabilities and position Cigna for long-term growth for the benefit of all of our customers and shareholders." With these mixed earnings, Cigna is trading over 1% lower at .88 in early morning trading.

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