Cardinal Health (CAH) Tops Q4 EPS by 7c; Guides Short of Views

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Go back to Cardinal Health (CAH) Tops Q4 EPS by 7c; Guides Short of Views

Cardinal Health Reports Q4 and Fiscal 2017 Results, Provides 2018 Guidance

August 2, 2017 7:00 AM EDT

DUBLIN, Ohio, Aug. 2, 2017 /PRNewswire/ -- Cardinal Health (NYSE: CAH) today reported fourth-quarter fiscal year 2017 revenues of $33 billion, an increase of 5 percent from the fourth quarter last year, and fiscal 2017 revenues of $130 billion, an increase of 7 percent from the same period last year. For the quarter, GAAP diluted earnings per share (EPS) decreased 16 percent to $0.86, while non-GAAP diluted EPS increased 15 percent to $1.31. GAAP diluted EPS for fiscal year 2017 decreased 7 percent to $4.03, and non-GAAP diluted EPS increased 3 percent to $5.40.

"While these last 12 months were clearly a dynamic period in healthcare... More