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Cardinal Health Inc (CAH) revealed a profit for its second quarter that rose from last year.


RTTNews | Feb 5, 2021 06:59AM EST

06:58 Friday, February 5, 2021 (RTTNews.com) - Cardinal Health Inc (CAH) revealed a profit for its second quarter that rose from last year.

The company's profit came in at $629 million, or $2.13 per share. This compares with $220 million, or $0.75 per share, in last year's second quarter.

Excluding items, Cardinal Health Inc reported adjusted earnings of $514 million or $1.74 per share for the period.

Analysts had expected the company to earn $1.44 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.5% to $41.54 billion from $39.74 billion last year.

Cardinal Health Inc earnings at a glance:

-Earnings (Q2): $514 Mln. vs. $448 Mln. last year.-EPS (Q2): $1.74 vs. $1.52 last year.-Analysts Estimate: $1.44-Revenue (Q2): $41.54 Bln vs. $39.74 Bln last year.

-Guidance:Full year EPS guidance: $5.85 to $6.10

Read the original article on RTTNews ( https://www.rttnews.com/3167354/cardinal-health-inc-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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