Cigna Beats Third-Quarter Estimates

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Cigna

(CI) - Get Report

reported third-quarter operating income that beat Wall Street's estimates, as business growth in the employee health care, life and disability benefits segments drove revenue.

The insurance company reported operating income of $281 million, or $1.76 a share. Analysts expected the company to earn $1.68 a share in the period, according to

First Call/Thomson Financial

. The company had earnings from continuing operations of $1.47 a share for the year-ago quarter, excluding certain nonrecurring charges.

Consolidated revenue rose 7% to $5.03 billion from $4.69 billion last year.