Cardinal Health raises FY2027 outlook after Q1 revenue of $67.5B
FROM THE WIRE · FINANCE.YAHOO.COM
First quarter revenue increased 5% to $67.5 billion GAAP1operating earnings increased 13% to $753 million; GAAP diluted EPS increased 27% to $2.38 Non-GAAP operating earnings increased 17% to $1.0 billion; non-GAAP diluted EPS increased 28% to $3.26 Cardinal Health raises fiscal…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe raised EPS guidance is a positive signal for the healthcare distributor.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01FY2027 non-GAAP EPS guidance is raised to $12.80 to $13.00.
- 02Q1 non-GAAP diluted EPS rose 28% to $3.26.
- 03The $500 million share repurchase program was completed in the first quarter.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets