RTTNews | May 6, 2021 07:05AM EDT

07:05 Thursday, May 6, 2021 (RTTNews.com) - Cardinal Health Inc (CAH) reported earnings for third quarter that declined from the same period last year.

The company's earnings came in at $119 million, or $0.40 per share. This compares with $350 million, or $1.19 per share, in last year's third quarter.

Excluding items, Cardinal Health Inc reported adjusted earnings of $451 million or $1.53 per share for the period.

Analysts had expected the company to earn $1.55 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.3% to $39.3 billion from $39.2 billion last year.

Cardinal Health Inc earnings at a glance:

-Earnings (Q3): $451 Mln. vs. $474 Mln. last year.-EPS (Q3): $1.53 vs. $1.62 last year.-Analysts Estimate: $1.55-Revenue (Q3): $39.3 Bln vs. $39.2 Bln last year.

-Guidance:Full year EPS guidance: $5.90 to $6.05

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