Cardinal Health (CAH) reported first quarter net loss of $38.2 million or $0.11 per share, compared to net earnings of $249.1 million or $0.69 per share last year. The company noted that during the first quarter of fiscal 2010, the Company changed the presentation of certain items on its condensed consolidated statements of earnings. Prior year balances have been reclassified to conform with the new presentation.
Loss from continuing operations was $61.8 million or $0.17 per share, compared to income from continuing operations of $172.2 million or $0.48 per share in the same quarter last year.
Non-GAAP Earnings from continuing operations was $194 million or $0.54 per share, compared to $168 million or $0.47 per share in the year ago quarter.
On average, 14 analysts polled by Thomson Reuters expected the company to report earnings of $0.43 per share. Analysts' estimates typically exclude special items.
Revenue grew to $24.78 billion from $23.44 billion in the same quarter last year. Thirteen analysts estimated revenues of $24.04 billion
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.