Cardinal Health (CAH) Tops Q3 EPS by 16c

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Cardinal Health Reports Third Quarter Results for Fiscal Year 2019

May 9, 2019 6:55 AM EDT

DUBLIN, Ohio, May 9, 2019 /PRNewswire/ -- Cardinal Health (NYSE: CAH) today reported third quarter fiscal year 2019 revenues of $35.2 billion, an increase of 5 percent. The company also reported a decrease in GAAP operating earnings of 21 percent to $432 million and a decrease in non-GAAP operating earnings of 15 percent to $667 million. GAAP diluted earnings per share (EPS) were $0.99, an increase of 22 percent. Non-GAAP diluted EPS increased 14 percent to $1.59.

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