Wednesday, May 2, 2007

Cigna profit falls, but beats Wall Street views

(Reuters) - Cigna reported adjusted income of $2.67 per share from operations. Analysts on average expected $2.51, according to Reuters Estimates.

The report is the last among large U.S. health insurers for the first quarter. The companies have generally reported higher or better-than-expected profits, but some of them worried investors because of a higher rate of medical costs eating into premium dollars.


Read more at Reuters.com Market News

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