Cardinal Health beats estimates in fiscal Q1 and guides full-year EPS to $12.80-$13
FROM THE WIRE · FINANCE.YAHOO.COM
DUBLIN, Ohio (AP) — DUBLIN, Ohio (AP) — Cardinal Health Inc. (CAH) on Thursday reported fiscal first-quarter net income of $554 million. On a per-share basis, the Dublin, Ohio-based company said it had net income of $2.38. Earnings, adjusted for one-time gains and costs, were…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishEarnings and revenue above analyst estimates can support the stock of a major drug distributor.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Cardinal Health reported adjusted earnings of $3.26 per share versus a Zacks estimate of $2.92.
- 02Revenue for the period reached $67.51 billion, above the four-analyst forecast of $66.96 billion.
- 03The company expects full-year earnings in the range of $12.80 to $13 per share.
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