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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.