Cardinal Health Stock Hits All-Time High as Existing Customers Power Results
Cardinal Health(CAH) Investopedia·2024-11-01 19:01
Key TakeawaysCardinal Health beat first-quarter profit and sales estimates on growing demand by existing customers.Revenue fell at the healthcare products company's biggest division, Pharmaceutical & Specialty Solutions, but would have been up 16% year-over-year had it not lost a big contract with a benefits manager.Cardinal Health raised its full-year EPS guidance and shares set a new all-time intraday high. Cardinal Health (CAH) shares hit a new all-time intraday high Friday as the healthcare products pro ...