Here's Why Shares of Cigna are Higher Thursday

Shares of Cigna (CI) - Get Report were higher Thursday after reporting better-than-expected third-quarter results. Earnings of $1.94 a share beat analysts' estimates by $0.04. Revenue rose 5% to $9.9 billion year over year, and also topped Wall Street's forecast. For the full year, the health insurance provider expects earnings to be between $7.80 and $8.05 a share. The company also anticipates full-year revenue to grow in the mid-single digit percent range year over year.

Employees of TheStreet are restricted from trading individual securities.