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Cardinal Health Inc Reveals Gain In Q2 Profit

Cardinal Health Inc (CAH) reported earnings for its second quarter that increased from last year.

The company said its bottom line came in at $478 million, or $1.51 per share. This was higher than $427 million, or $1.34 per share, in last year's second quarter.

Analysts had expected the company to earn $1.15 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.2% to $35.19 billion. This was up from $33.15 billion last year.

Cardinal Health Inc earnings at a glance:

-Earnings (Q2): $478 Mln. vs. $427 Mln. last year.
-Earnings Growth (Y-o-Y): 11.9%
-EPS (Q2): $1.51 vs. $1.34 last year.
-EPS Growth (Y-o-Y): 12.7%
-Analysts Estimate: $1.15
-Revenue (Q2): $35.19 Bln vs. $33.15 Bln last year.
-Revenue Change (Y-o-Y): 6.2%

-Guidance:
Full year EPS guidance: $5.25 - $5.50

by RTT Staff Writer

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