Analysts expect the company to report earnings of $7.23 per share for the third quarter and sales of $59.6 billion.
There has been speculation of a massive merger in the medical sector between two massive health insurers. Specifically, the rumor is The Cigna Group NYSE: CI is interested in acquiring Humana Inc. NYSE: HUM.
Get a deeper insight into the potential performance of Cigna (CI) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
A media report stated that the company is determined to grow with a major merger deal.
Jared Holz, Mizuho healthcare equity strategist, joins CNBC's 'The Exchange' to discuss why healthcare insurer stocks are down, whether weight loss drugs have any impact, and more.
Humana (HUM) shares edged higher Monday morning on a report that The Cigna Group (CI) has resumed discussions to buy its smaller health insurance rival after negotiations fell apart last year. Cigna shares declined.
Cigna-Humana merger talks are back on, nearly one year after the first try. The price may be more affordable after CI stock outperformed, while HUM struggled.
In a significant development in the health insurance industry, Cigna Group CI has reinitiated discussions to merge with Humana Inc. HUM, potentially creating a giant in the sector.
Key developments since the talks between the healthcare insurers broke down last year mean a deal now looks more likely.
Humana's stock looked to rally Monday. And Mizuho analyst Ann Hynes said she believes a buyout by Cigna Group is likely — it's just a matter of timing.
U.S. health insurer Cigna Group has revived efforts to merge with smaller rival Humana after abandoning the pursuit late last year, Bloomberg News reported on Friday, citing people familiar with the matter.
In trading on Friday, shares of The Cigna Group crossed below their 200 day moving average of $340.21, changing hands as low as $338.60 per share. The Cigna Group shares are currently trading off about 3.8% on the day.