Plus   Neg

Cardinal Health Inc Q2 adjusted earnings Beat Estimates

Cardinal Health Inc (CAH) revealed a profit for its second quarter that rose from last year.

The company's profit came in at $629 million, or $2.13 per share. This compares with $220 million, or $0.75 per share, in last year's second quarter.

Excluding items, Cardinal Health Inc reported adjusted earnings of $514 million or $1.74 per share for the period.

Analysts had expected the company to earn $1.44 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.5% to $41.54 billion from $39.74 billion last year.

Cardinal Health Inc earnings at a glance:

-Earnings (Q2): $514 Mln. vs. $448 Mln. last year.
-EPS (Q2): $1.74 vs. $1.52 last year.
-Analysts Estimate: $1.44
-Revenue (Q2): $41.54 Bln vs. $39.74 Bln last year.

Full year EPS guidance: $5.85 to $6.10

For comments and feedback contact: editorial@rttnews.com

Follow RTT