McKesson (MCK), AmerisourceBergen (ABC) and Cardinal Health (CAH) Announce $518M Opioid Settlement With Washington State

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Go back to McKesson (MCK), AmerisourceBergen (ABC) and Cardinal Health (CAH) Announce $518M Opioid Settlement With Washington State

Cardinal Health (CAH) PT Raised to $58 at Mizuho Securities

May 5, 2022 12:41 PM EDT

Mizuho Securities analyst Ann Hynes raised the price target on Cardinal Health (NYSE: CAH) to $58.00 (from $53.00) while maintaining a Neutral rating following earnings.

The analyst commented, "We are lowering our FY22-FY24 estimates following FQ3:22 results and reduced guidance. CAH lowered... More

Cardinal Health (CAH) Misses Q3 EPS by 7c

May 5, 2022 6:58 AM EDT

Cardinal Health (NYSE: CAH) reported Q3 EPS of $1.45, $0.07 worse than the analyst estimate of $1.52. Revenue for the quarter came in at $44.8 billion versus the consensus estimate of $43.3 billion.

GUIDANCE:

Cardinal Health sees FY2022 EPS of $5.15-$5.25, versus the consensus of... More