Cardinal Health increased profit in the 4th quarter, but revenue fell short of expectations
Stock Market News
11 тамыз 2026, 17:53
Cardinal Health Inc. (NYSE: CAH) reported 4th fiscal-quarter profit of $398 mln ($1,70 per share) compared with $239 mln ($1,00 per share) a year earlier. Operating profit was $2,91 per share. Revenue for the reporting period rose to $63,67 bln from $60,16 bln. The profit figure had been preliminarily forecast at $2,42 per share on revenue of $65,03 bln. Cardinal Health expects earnings per share in fiscal 2027 to be $12,40–12,60 versus the analysts’ consensus forecast of $12,04.
Cardinal Health’s board of directors approved quarterly dividends of $0,5158 per share, payable on October 15, 2026 to shareholders of record as of October 1. The dividends will be paid out of the company’s reserve capital.