tradingkey.logo

Cardinal Health falls after Q4 revenue miss, $1.9 billion deal to buy Solaris Health

ReutersAug 12, 2025 2:17 PM

** Shares of drug distributor Cardinal Health CAH.N fall as much as 11.75% to over a 3-month low of $137.91

** Stock set for biggest single-day percentage drop since August 2021

** CAH posts Q4 revenue of $60.2 billion, below analysts' estimates of $60.8 billion - data compiled by LSEG

** Reports Q4 adj. profit of $2.08 per share, compared with analysts' estimates of $2.04 per share

** Separately, co says it will acquire Solaris Health for about $1.9 billion in cash to expand its specialty business

** CAH raises its 2026 profit per share forecast to a range of $9.30 to $9.50, from its prior range between $9.10 and $9.30

** Brokerage Leerink Partners says "it is hard to fully frame this quarter/guidance increase given what was lofty expectations"

** "In a vacuum, seeing the guidance increase alone would likely have been more than enough for the stock, but the Pharma EBIT results likely offset that at first glance," it says

** Including session moves, stock up 18.5% YTD

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI