CAH Stocks Gains on Q1 Earnings & Sales Beat and Raised '25 EPS View
Cardinal Health(CAH) ZACKS·2024-11-01 15:20
Cardinal Health, Inc.(CAH) reported first-quarter fiscal 2025 adjusted earnings per share (EPS) of $1.88, which beat the Zacks Consensus Estimate of $1.64 by 9.8%. The bottom line also improved 9.3% year over year.GAAP EPS in the quarter was $1.70 against a loss of 5 cents per share in the year-ago period.Revenue DetailsSales declined 4.3% on a year-over-year basis to $52.28 billion. However, the top line beat the Zacks Consensus Estimate by 2%.Segmental AnalysisPharmaceutical and Specialty Solutions Pharma ...