Cardinal Health, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Cardinal Health, Inc. CAH.N reported quarterly adjusted earnings of $3.26​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $2.55. The mean expectation of sixteen analysts for the quarter was for earnings of $2.94 per share. Wall Street expected results to range from $2.88 to $3.06 per share.

• Revenue rose 5.5% to $67.51 billion from a year ago; analysts expected $66.59 billion.

• Cardinal Health, Inc.'s reported EPS for the quarter was $2.38​.

• The company reported quarterly net income of $554 million.

• Cardinal Health, Inc. shares had risen by 17.7% this quarter and gained 27.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.2% 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 16 "strong buy" or "buy," 2 "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 $280.00, about 6.5% above its last closing price of $261.93

This summary was machine generated from LSEG data November 5 at 02:31 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)