Cardinal Health (CAH) Misses Q4 EPS by 12c, Offers Guidance
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Cardinal Health Reports Fourth Quarter and Full Year Results for Fiscal Year 2022
August 11, 2022 6:50 AM EDTRevenue increased 11% to $47.1 billion in the fourth quarterGAAP1 operating earnings were $36 million in the fourth quarter; GAAP diluted EPS were $0.50 in the fourth quarterNon-GAAP operating earnings increased 41% to $450 million in the fourth quarter; non-GAAP diluted EPS increased 36% to $1.05 in the fourth quarterGenerated operating cash flow of $3.1 billion in fiscal year 2022Company provides fiscal year 2023 guidance and reiterates long-term targetsCompany introduces Medical Improvement Plan, targeting Medical segment profit of at least $650 million by fiscal year... More
