CIGNA Corporation Jefferies 2011 Global Healthcare … · CIGNA Corporation Jefferies 2011 ... CI GNA does not undertake to revise or update this information. ... Focus on the Customer;
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Strong quarter: earnings growth in each of our ongoing businesses
Consolidated adjusted income1 of $375 million
– EPS2 of $1.37 (36% increase vs. 1Q 2010)
Consolidated revenue growth of 8%3
– Including 32% premium and fee growth in International
Strategy execution driving organic growth in targeted areas of focus
(1) Adjusted income from operations is shareholders’ net income excluding special items, GMIB business results, and realized investment results.
(2) Earnings per share (EPS) are on a diluted basis using adjusted income from operations.
(3) Consolidated revenue growth excludes impact of exiting the Medicare Individual Private Fee for Service business effective 1/1/2011. See www.cigna.com for the First Quarter 2011 earnings release for a reconciliation to reported revenue growth of 4%.
Now expect full year consolidated EPS1 of $4.65 to $5.00
– Would represent growth of up to 8% over strong 2010
Strong capital outlook– Expect $1.1 billion available for deployment in 2011
(already deployed $360 million through May 4th)(1) Earnings per share (EPS) are on a diluted basis using adjusted income from operations. Does not include impact of future share
repurchase, and assumes breakeven VADBe results.
(2) Earnings outlook reflects adjusted income from operations, which is shareholders’ net income excluding special items, GMIB business results, and realized investment results. Consolidated outlook includes expected results for Other, Run-off Reinsurance and Corporate.
Business Segment 2011 Outlook HealthCare $860 - $900 million