Cardinal Health Exceeds Q1 Estimates and Raises Fiscal Year Guidance
Cardinal Health (CAH) reported first-quarter financial results that surpassed analyst expectations for both top-line revenue and bottom-line earnings per share. The company achieved non-GAAP EPS of $3.26, beating consensus by $0.32, while revenue grew 5.5% year-over-year to reach $67.5 billion, exceeding estimates by approximately $990 million. Following the strong quarterly performance, Cardinal Health raised its fiscal year guidance. The company updated its non-GAAP EPS outlook for fiscal year 2027 to a range of $12.80 to $13.00, which sits above the previous market consensus of $12.56.
Tickers: $CAH
Topics: earnings report EPS beat guidance raise revenue growth