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Monday, November 2, 2015

Cardinal Health (CAH) reported earnings on Mon 2 Nov 2015 (b/o)

** charts before earnings **




** charts after earnings **





Cardinal Health beats by $0.28, beats on revs; raises guidance for FY16, above consensus 
  • Reports Q1 (Sep) earnings of $1.38 per share, excluding non-recurring items,$0.28 better than the Capital IQ Consensus of $1.10; revenues rose 16.6% year/year to $28.05 bln vs the $27.12 bln Capital IQ Consensus.
  • Co raises guidance for FY16, sees EPS of $5.15-5.35, excluding non-recurring items, vs. $5.06 Capital IQ Consensus Estimate, up from $4.85-5.05.

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