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Cardinal Health Inc Q4 Profit Increases, Beats Estimates

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

Cardinal Health Inc (CAH) announced a profit for its fourth quarter that Increased from last year and beat the Street estimates.

The company's earnings totaled $239 million, or $1.00 per share. This compares with $235 million, or $0.96 per share, last year.

Excluding items, Cardinal Health Inc reported adjusted earnings of $501 million or $2.08 per share for the period.

Analysts on average had expected the company to earn $2.03 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 0.5% to $60.159 billion from $59.867 billion last year.

Cardinal Health Inc earnings at a glance (GAAP) :

-Earnings: $239 Mln. vs. $235 Mln. last year.
-EPS: $1.00 vs. $0.96 last year.
-Revenue: $60.159 Bln vs. $59.867 Bln last year.

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