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Cardinal Health celebrates medical product distribution center grand opening in Massachusetts
Prnewswire· 2024-10-29 15:45
New facility in Boylston increases U.S. warehouse capacity and expands specialized handling capabilities DUBLIN, Ohio, Oct. 29, 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today the grand opening of its new distribution center in Boylston, Massachusetts, supporting its U.S. Medical Products and Distribution business. The facility provides healthcare customers in Massachusetts, New Hampshire, Rhode Island, Maine, Vermont and Eastern Connecticut with modernized operations and expanded capacity, ...
Exploring Analyst Estimates for Cardinal (CAH) Q1 Earnings, Beyond Revenue and EPS
ZACKS· 2024-10-29 14:21
Analysts on Wall Street project that Cardinal Health (CAH) will announce quarterly earnings of $1.64 per share in its forthcoming report, representing a decline of 5.2% year over year. Revenues are projected to reach $51.26 billion, declining 6.4% from the same quarter last year. Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Before a company announces ...
Cardinal Health to Report Q1 Earnings: What's in Store?
ZACKS· 2024-10-25 18:15
Cardinal Health, Inc. (CAH) is scheduled to report  fiscal first-quarter 2025 results on Nov. 1, before the opening bell.In the last reported quarter, the company delivered an earnings surprise of 6.98%. CAH’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 13.47%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Q1 Estimates for Cardinal HealthFor the fiscal first quarter, the consensus mark for earnings is pegged at ...
Cardinal Health (CAH) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-10-14 23:22
Cardinal Health (CAH) closed the latest trading day at $111.92, indicating a -0.52% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 0.77% for the day. Meanwhile, the Dow experienced a rise of 0.47%, and the technology-dominated Nasdaq saw an increase of 0.87%. The prescription drug distributor's shares have seen a decrease of 0.58% over the last month, surpassing the Medical sector's loss of 3% and falling behind the S&P 500's gain of 4.87%. Investors ...
CAH Stock May Gain Following the Distribution Deal With T2 Biosystems
ZACKS· 2024-10-09 17:33
Cardinal Health (CAH) and T2 Biosystems recently entered into a multi-year exclusive U.S. agreement, selecting CAH as an exclusive distributor to sell T2 Biosystems’ FDA-cleared direct-from-blood diagnostics for the rapid detection of sepsis-causing pathogens, including the T2Dx Instrument, the T2Bacteria Panel and the T2Candida Panel.Likely Trend of CAH Stock Following the NewsFollowing the announcement, shares of the company traded at $111.32 at yesterday’s closing.Cardinal Health's pharmaceutical and med ...
T2 Biosystems Announces Exclusive U.S. Agreement with Cardinal Health to Sell its FDA-Cleared Direct-From-Blood Diagnostics for Rapid Detection of Sepsis-Causing Pathogens
GlobeNewswire News Room· 2024-10-07 13:05
LEXINGTON, Mass., Oct. 07, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ: TTOO) (the “Company”), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced that it has entered into a multi-year exclusive U.S. agreement with Cardinal Health (NYSE: CAH),. Under the agreement, Cardinal Health will have exclusive rights to sell T2 Biosystems’ FDA-cleared direct-from-blood diagnostics for the rapid detection of sepsis-causing pathogens, including the T2Dx® ...
Cardinal Health to acquire Integrated Oncology Network, a physician-led independent community oncology network
Prnewswire· 2024-09-20 13:15
Transaction demonstrates Cardinal Health's continued strategic investment in specialty and oncology, underscores commitment to independent community healthcare providers Accelerates the development of Navista oncology practice alliance, adding more than 100 providers at more than 50 community-based sites delivering broad-reaching oncology and urology care across 10 states DUBLIN, Ohio, Sept. 20, 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today that it has entered into a definitive agreement ...
Cardinal Health (CAH) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-09-19 23:06
The latest trading session saw Cardinal Health (CAH) ending at $110.76, denoting a -0.58% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 1.7%. Elsewhere, the Dow gained 1.26%, while the tech-heavy Nasdaq added 2.51%.Shares of the prescription drug distributor have appreciated by 1.61% over the course of the past month, outperforming the Medical sector's gain of 1.53% and the S&P 500's gain of 1.27%.Market participants will be closely following the finan ...
CAH Stock May Gain Following the Distribution Agreement With Telix
ZACKS· 2024-09-18 17:16
Cardinal Health (CAH) and Australia-based Telix recently entered a deal, selecting CAH as a commercial radiopharmaceutical distributor to supply finished unit doses of Telix's PET agent, Zircaix, for the imaging of kidney cancer in the United States, subject to regulatory approval.Telix and Cardinal Health already have a contract in place under which CAH has successfully commercialized Telix’s PSMA-PET imaging, Illuccix, approved for diagnosing prostate cancer in men.Likely Trend of CAH Stock Following the ...
Here's Why Cardinal Health (CAH) Gained But Lagged the Market Today
ZACKS· 2024-09-16 23:21
Cardinal Health (CAH) closed the latest trading day at $113.28, indicating a +0.1% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 0.13% for the day. Elsewhere, the Dow saw an upswing of 0.55%, while the tech-heavy Nasdaq depreciated by 0.52%. The prescription drug distributor's shares have seen an increase of 3.02% over the last month, not keeping up with the Medical sector's gain of 3.34% and the S&P 500's gain of 3.67%. The investment community will ...