Cardinal Health Analysts Increase Their Forecasts Following Q4 Results
Cardinal Health posted mixed Q4 results, with adjusted earnings of $2.91 per share beating estimates, but sales missing expectations. The company also raised its share repurchase authorization and expects strong earnings in fiscal 2027.
Cardinal Health made more money per share than people expected, even though total sales were lower than hoped. The company feels confident enough to buy back its own stock and says it will keep doing well next year, so some experts now think it could be worth more.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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