Cardinal Health Reports First Quarter Fiscal 2024 Results and Raises Fiscal 2024 Outlook

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Cardinal Health (CAH) shares climb as profits boosted by pharmaceutical and medical units

November 3, 2023 10:20 AM EDT

Cardinal Health (NYSE: CAH) shares surged more than 6% Friday on the back of its latest earnings release, which saw it beat top and bottom-line consensus expectations.

The company reported Q1 EPS of $1.73, $0.32 better than the analyst estimate of $1.41, while revenue for the... More

Cardinal Health (CAH) Tops Q1 EPS by 32c; Raises Outlook

November 3, 2023 6:57 AM EDT

Cardinal Health (NYSE: CAH) reported Q1 EPS of $1.73, $0.32 better than the analyst estimate of $1.41. Revenue for the quarter came in at $54.8 billion versus the consensus estimate of $54.76 billion.

GUIDANCE:

Cardinal Health sees FY2024 EPS of $6.75-$7.00, versus prior of $6.50-$67.5... More