Cardinal Health Stock Jumps After Earnings. Its CEO Explains What Went Right.
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Less than a month after raising its fiscal-year outlook, Cardinal Health hiked it again. The company, which distributes pharmaceuticals and other medical supplies to customers like CVS Health said Thursday that it now expects adjusted earnings in the range of $10.15 to $10.35 a share for the current fiscal year. The new range also is above the $10.02 a share analysts are expecting, according to FactSet.
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Less than a month after raising its fiscal-year outlook, Cardinal Health hiked it again. The company, which distributes pharmaceuticals and other medical supplies to customers like CVS Health said Thursday that it now expects adjusted earnings in the range of $10.15 to $10.35 a share for the current fiscal year. The new range also is above the $10.02 a share analysts are expecting, according to FactSet.