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Cardinal Health Inc Q2 adjusted earnings Beat Estimates

Cardinal Health Inc (CAH) reported a profit for second quarter that decreased from the same period last year.

The company's profit came in at $280 million, or $0.93 per share. This compares with $1053 million, or $3.33 per share, in last year's second quarter.

Excluding items, Cardinal Health Inc reported adjusted earnings of $385 million or $1.29 per share for the period.

Analysts had expected the company to earn $1.09 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.2% to $37.74 billion from $35.19 billion last year.

Cardinal Health Inc earnings at a glance:

-Earnings (Q2): $385 Mln. vs. $478 Mln. last year.
-EPS (Q2): $1.29 vs. $1.51 last year.
-Analysts Estimate: $1.09
-Revenue (Q2): $37.74 Bln vs. $35.19 Bln last year.

-Guidance:
Full year EPS guidance: $4.97 to $5.17

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