Cardinal Health (CAH) Misses Q3 EPS by 12c, Lowers FY Guidance

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Cardinal Health Reports Third-quarter Results for Fiscal Year 2018

May 3, 2018 6:55 AM EDT

DUBLIN, Ohio, May 3, 2018 /PRNewswire/ -- Cardinal Health (NYSE: CAH) today reported third-quarter fiscal year 2018 revenue of $33.6 billion, an increase of 6 percent. The company also reported a decline in GAAP operating earnings of 10 percent to $546 million and a decrease in GAAP diluted earnings per share (EPS) of 33 percent to $0.81. Non-GAAP operating earnings increased 3 percent to $781 million, while non-GAAP diluted EPS decreased 9 percent to $1.39.

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