
The Cheesecake Factory, Inc. ($CAKE) reported its third-quarter fiscal 2024 earnings, revealing total revenues of $865.5 million, an increase from $830.2 million in the same quarter of fiscal 2023. The company achieved a net income of $30.0 million, translating to a diluted net income per share of $0.61. In terms of customer engagement, visits to The Cheesecake Factory rose by 2.0% year-over-year, contrasting with a 2.0% decline in the broader full-service restaurant sector. Additionally, Cigna Corporation ($CI) announced its third-quarter 2024 results, reporting total revenues of $63.7 billion, a 30% increase compared to the previous year. Cigna's adjusted earnings per share were $7.51, surpassing estimates of $7.23. The company reaffirmed its full-year adjusted earnings per share guidance of at least $28.40, despite mixed expectations for the year ahead.
$CI Guidance: "Given the strength and diversity of our portfolio, we have the confidence to reaffirm our full year 2024 expectation for consolidated adjusted earnings per share of at least $28.40. Moving to our 2024 outlook for each of our growth platforms. In Evernorth, we… https://t.co/QsczHm28cu
$CI | Cigna Q3 Earnings Highlights: 🔹 Adjusted EPS: $7.51 (Est. $7.23) 🟢 🔹 Revenue: $63.7B (Est. $59.64B) 🟢; UP +30% YoY
$CI higher as Q3 call begins. Beat on the top and bottom line and on MLR — a first for an insurer this quarter. https://t.co/4vZoFOlAdy





