Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings and revenues for Cardinal Health in the upcoming earnings report, with a focus on how actual results compare to estimates [1][3]. Earnings Expectations - Cardinal Health is expected to report quarterly earnings of $1.74 per share, reflecting a year-over-year decrease of 4.4% [3]. - Revenues are projected to be $54.84 billion, down 4.5% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4]. - The Most Accurate Estimate for Cardinal is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +0.42%, suggesting a bullish outlook from analysts [10]. Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8]. - Cardinal Health currently holds a Zacks Rank of 2, indicating a high likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, Cardinal Health exceeded expectations by delivering earnings of $1.88 per share against an expected $1.64, resulting in a surprise of +14.63% [12]. - The company has beaten consensus EPS estimates in all of the last four quarters [13]. Conclusion - While Cardinal Health appears to be a strong candidate for an earnings beat, other factors may also influence stock movement post-earnings release [14][16].

Shares of Cardinal Health (CAH) have been strong performers lately, with the stock up 8.6% over the past month. The stock hit a new 52-week high of $127.08 in the previous session. Cardinal Health has gained 7.4% since the start of the year compared to the -3.8% move for the Zacks Medical sector and the 5.1% return for the Zacks Medical - Dental Supplies industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimat ...

Cardinal Health (CAH) recently announced the ongoing construction of a new distribution center in Fort Worth, TX, to support its at-Home Solutions business.Similar to the distribution centers recently launched in South Carolina and Ohio, this new facility incorporates advanced robotics and automation technology. These innovations enhance efficiency by supporting employees in tasks such as picking, packing, and shipping while also improving speed and workplace safety.Likely Trend of CAH Stock Following the N ...

Key Takeaways Industry and Company Overview 1. **Company**: Cardinal Health, Inc. (NYSE:CAH) 2. **Event**: J.P. Morgan Healthcare Conference 3. **Date**: January 14, 2025 4. **Participants**: - Aaron Alt - CFO - Jason Hollar - CEO - Lisa Gill - JPMorgan [1] Core Views and Arguments 1. **Bullish on Healthcare Industry**: Cardinal Health is highly optimistic about the healthcare industry, particularly within their niche and the secular trends that uniquely benefit them. 2. **Positive Guidance Update**: The company issued an 8-K with a positive update to their guidance, which CEO Jason Hollar will discuss further. 3. **Earnings Release**: Cardinal Health is scheduled to release earnings on January 30, 2025, at which time they will provide further updates on their business. 4. **Forward-Looking Statements**: Both Aaron Alt and Jason Hollar will be making forward-looking statements during the call, with references to their SEC filings for a full list of risks and opportunities. [2][3][4]

New facility will be outfitted with latest robotics and automation technologies DUBLIN, Ohio, Jan. 14, 2025 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced construction is underway on a new distribution center in Fort Worth, Texas, which will support its at-Home Solutions business, a leading medical supplies provider that serves more than 5 million patients annually in the United States. The new 340,000 square foot distribution center will consolidate its two existing warehouses into one larger facili ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Cardinal Health (CAH) . This company, which is in the Zacks Medical - Dental Supplies industry, shows potential for another earnings beat.This prescription drug distributor has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters w ...

Cardinal Health Inc. (CAH) is well-poised for growth, given its long-term supply agreements, diversified product portfolio and strong quarterly earnings. However, the possibility of losing a major customer remains a risk.Shares of this Zacks Rank #2 (Buy) company have risen 12.7% in the past year compared with the industry’s 1.5% growth. The S&P 500 Index has gained 26.2% in the same time frame. CAH, with a market capitalization of $28.62 billion, is a nationwide drug distributor and service provider to pha ...

Dublin, Dec. 30, 2024 (GLOBE NEWSWIRE) -- The "Canada Personal Protective Equipment Market Outlook to 2033 - Gloves, Gowns, Masks, Shoe Covers and Others" report has been added to ResearchAndMarkets.com's offering.The "Canada Personal Protective Equipment Market Outlook to 2033" is a comprehensive databook report, covering key market data on the Canada Personal Protective Equipment market. The databook report provides value (USD), volume (units) and average prices (USD) within market segments - Examination ...

The most recent trading session ended with Cardinal Health (CAH) standing at $118.83, reflecting a +0.41% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 1.1%. Meanwhile, the Dow gained 0.91%, and the Nasdaq, a tech-heavy index, added 1.35%.Shares of the prescription drug distributor have depreciated by 2.81% over the course of the past month, outperforming the Medical sector's loss of 3.78% and lagging the S&P 500's gain of 0.22%.Investors will be eagerly watchi ...

DUBLIN, Ohio, Dec. 19, 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) plans to release second-quarter financial results for its fiscal year 2025 on January 30, prior to the opening of trading on the New York Stock Exchange. The company will webcast a discussion of these results beginning at 8:30 a.m. Eastern. To access the webcast and corresponding slide presentation, visit Cardinal Health's Investor Relations page. No access code is required. Presentation slides and a webcast replay will be available on ...