Cardinal Health (CAH) Tops Q3 EPS by 26c; Raises Outlook
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Cardinal Health Reports Third Quarter Fiscal Year 2023 Results and Raises Fiscal Year 2023 Non-GAAP EPS Guidance
May 4, 2023 6:55 AM EDTRevenue increased 13% to $50.5 billionGAAP1 operating earnings were $572 million; GAAP diluted EPS was $1.34Non-GAAP operating earnings increased 11% to $606 million; non-GAAP diluted EPS increased 20% to $1.74Fiscal year 2023 non-GAAP EPS guidance raised and narrowed to $5.60 to $5.80, from $5.20 to $5.50Fiscal year 2023 adjusted free cash flow guidance raised and narrowed to $2.0 to $2.3 billion, from $1.5 to $2.0... More
