BLOOMFIELD, Conn. (AP) — Health insurer Cigna Corp. said Monday it plans to reaffirm its 2012 and 2013 financial guidance in discussions with investors and analysts this week.
Cigna said it should maintain its forecasts for consolidated adjusted income from operations and medical membership for each year.
The company said it expects to report $1.66 billion to $1.71 billion in adjusted income from operations in 2012, which equates to $5.70 to $5.90 per share. The estimate excludes one-time charges related to Cigna's purchase of HealthSpring Inc. and other items. It includes year-to-date results from the company's variable annuity death benefits business but does not estimate future results for that unit.
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