Cardinal Health forecasts annual profit at higher end of prior range-March 2024-www.financetom.com

Cardinal Health forecasts annual profit at higher end of prior range

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Cardinal Health forecasts annual profit at higher end of prior range

Jan 14, 2025 4:14 AM

Jan 14 (Reuters) - Cardinal Health ( CAH ) said on

Tuesday it expects annual profit to be at the higher end of its

previous forecast range, primarily driven by strong demand for

costly specialty medicines and branded drugs at its

pharmaceuticals unit.

The company had said in November it expects an adjusted

per-share profit of $7.75 to $7.90 for the fiscal year ending

June 2025.

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