8-KRegulation FD

Cigna Group 8-K Report, Regulation FD Disclosure (May 31, 2019)

Filed May 31, 2019For Securities:CI

Summary

This Cigna Group (CI) 8-K filing from May 31, 2019, primarily serves to announce details for their upcoming Investor Day scheduled for May 31, 2019. During this event, Cigna officials are expected to reaffirm their previously issued full-year 2019 consolidated adjusted income from operations guidance, projecting a range of $6.24 billion to $6.4 billion. This communication is intended to keep investors informed about the company's financial outlook and provide a platform for further discussion on its performance and strategy. The report also includes important cautionary language regarding forward-looking statements, emphasizing that actual results could differ materially from projections due to various known and unknown risks and uncertainties. Investors are encouraged to review the press release and conference call transcript from May 2, 2019, which are available on Cigna's investor relations website, for more detailed information on their 2019 outlook and the definition of 'adjusted income from operations.'

Key Highlights

  • 1Cigna Group will host an Investor Day on May 31, 2019.
  • 2Company officials are expected to reaffirm projected full-year 2019 consolidated adjusted income from operations guidance.
  • 3The reaffirmed 2019 adjusted income from operations guidance is in the range of $6.24 billion to $6.4 billion.
  • 4Detailed financial outlook and definition of 'adjusted income from operations' were previously released on May 2, 2019.
  • 5Information on the Investor Day presentations, including a webcast, will be made available.
  • 6The filing includes standard forward-looking statement disclaimers outlining potential risks and uncertainties.

Frequently Asked Questions

The main purpose of this 8-K filing is to inform investors about Cigna's upcoming Investor Day on May 31, 2019, and to announce that company officials will be reaffirming their previously issued full-year 2019 financial guidance for consolidated adjusted income from operations.

Cigna expects to reaffirm its projected full-year 2019 consolidated adjusted income from operations to be in the range of $6.24 billion to $6.4 billion.

More detailed information regarding Cigna's 2019 outlook, including their press release dated May 2, 2019, and the related investor conference call transcript, are available in the Investor Relations section of Cigna's website (www.cigna.com).

'Adjusted income from operations' is a non-GAAP measure used by Cigna's management to present the underlying results of operations and analyze trends. It excludes after-tax adjustments such as net realized investment results, amortization of acquired intangible assets, special items, and earnings from transitioning PBM clients. Management uses this measure because it provides a clearer view of the company's core business performance.