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Cardinal Health Posts Higher Fiscal Q3 Non-GAAP Earnings, Revenue; Raises Fiscal 2024 Earnings Guidance
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Cardinal Health Posts Higher Fiscal Q3 Non-GAAP Earnings, Revenue; Raises Fiscal 2024 Earnings Guidance
May 2, 2024 4:29 AM

07:14 AM EDT, 05/02/2024 (MT Newswires) -- Cardinal Health ( CAH ) reported fiscal Q3 non-GAAP earnings Thursday of $2.08 per diluted share, up from $1.74 a year earlier.

Analysts polled by Capital IQ expected $1.95.

Revenue for the quarter ended March 31 was $54.9 billion, compared with $50.5 billion a year ago.

Analysts surveyed by Capital IQ expected $56.1 billion.

The company raised its fiscal year 2024 non-GAAP earnings guidance to $7.30 to $7.40 per diluted share from $7.20 to $7.35 anticipated previously. Analysts polled by Capital IQ expect $7.28.

Price: 100.50, Change: -1.67, Percent Change: -1.63

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