Cardinal Health Inc reports results for the quarter ended June 30 - Earnings Summary

• Cardinal Health Inc CAH.N reported quarterly adjusted earnings of $2.08​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.84. The mean expectation of fifteen analysts for the quarter was for earnings of $2.04 per share. Wall Street expected results to range from $2.01 to $2.07 per share.

• Revenue rose 0.5% to $60.16 billion from a year ago; analysts expected $60.87 billion.

• Cardinal Health Inc's reported EPS for the quarter was $1.00​.

• The company reported quarterly net income of $239 million.

• Cardinal Health Inc shares had fallen by 6.2% this quarter and gained 33.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the pharmaceuticals peer group is also "buy"

• Wall Street's median 12-month price target for Cardinal Health Inc is $182.50, about 13.6% above its last closing price of $157.66

This summary was machine generated from LSEG data August 12 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)