Cardinal Health (CAH) Tops Q4 EPS by 1c; Issues FY17 Outlook

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Go back to Cardinal Health (CAH) Tops Q4 EPS by 1c; Issues FY17 Outlook

Cardinal Health Reports Q4 And Fiscal 2016 Results, Provides Fiscal 2017 Outlook

August 2, 2016 7:00 AM EDT

DUBLIN, Ohio, Aug. 2, 2016 /PRNewswire/ -- Cardinal Health today reported fourth-quarter fiscal year 2016 revenues of $31.4 billion, an increase of 14 percent from the fourth quarter last year, and fiscal 2016 revenues of $121.5 billion, an increase of 19 percent from the same period last year.

For the quarter, the company reported growth in GAAP operating earnings of 11 percent to $620 million and in non-GAAP operating earnings of 5 percent to $643 million. GAAP operating earnings for fiscal year 2016 were $2.5 billion, an increase of 14 percent, and non-GAAP operating earnings for the fiscal year were $2.9 billion, an increase of 17 percent from the prior fiscal... More