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Cardinal Health Raises FY24 Earnings Outlook

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Cardinal Health (CAH) raised its fiscal 2024 guidance range for non-GAAP earnings per share attributable to company to $7.20 to $7.35, from its previous guidance range of $6.75 to $7.00. Analysts polled by Thomson Reuters expect the company to report profit per share of $6.96. Analysts' estimates typically exclude special items.

"With our first half performance including positive operating leverage, incremental return of capital to shareholders beyond our baseline plans, and confidence in our efforts as we look ahead, we are pleased to again raise our fiscal 2024 non-GAAP EPS guidance, which reflects 26% growth at the mid-point compared to our fiscal 2023 results," said Aaron Alt, CFO of Cardinal Health.

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