Cardinal Health (CAH) Beats on Q2 Earnings, Ups '24 EPS View
Cardinal Health(US:CAH) Zacks Investment Research·2024-02-01 15:56Cardinal Health, Inc. (CAH) reported second-quarter fiscal 2024 adjusted earnings per share (EPS) of $1.82, which beat the Zacks Consensus Estimate of $1.56 by 16.7%. The bottom line also improved 38% year over year.GAAP EPS in the quarter was $1.43 against the year-ago period’s reported loss of 50 cents per share.Revenue DetailsSales improved 11.6% on a year-over-year basis to $57.45 billion. The top line also outpaced the Zacks Consensus Estimate by 1.1%.Segmental AnalysisPharmaceutical SegmentIn the repo ...