Cardinal Health Reports First-quarter Results for Fiscal Year 2018

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Cardinal Health (CAH) PT Lowered to $67 at Jefferies; Remains Sidelined

November 7, 2017 8:10 AM EST

Jefferies lowered its price target on Cardinal Health (NYSE: CAH) to $67.00 (from $77.00) while maintaining a Hold rating following the company's earnings release. Despite missing consensus revenue by ~2.5% ($32.6B vs. $33.4B), CAH beat on earnings for the quarter as a result of better than expected... More

Cardinal Health (CAH) Tops Q1 EPS by 9c, Reaffirms FY18 EPS Guidance

November 6, 2017 6:47 AM EST

Cardinal Health (NYSE: CAH) reported Q1 EPS of $1.09, $0.09 better than the analyst estimate of $1.00. Revenue for the quarter came in at $32.6 billion versus the consensus estimate of $33.48 billion.

The company reaffirms its fiscal year 2018 guidance range for non-GAAP diluted EPS of $4.85 to $5.10.

For... More