June 12 (Reuters) - Drug distributor Cardinal Health ( CAH )
raised its annual adjusted profit forecast on Thursday,
banking on demand for costly specialty medicines and branded
drugs at its pharmaceuticals unit.
The company expects adjusted profit per share for fiscal
2025 to be between $8.15 and $8.20, compared with previously
forecast range of $8.05 to $8.15.
Analysts on average expect 2025 profit to be $8.13 per
share, according to data compiled by LSEG.
The company also issued preliminary forecast for fiscal 2026
adjusted profit per share at $9.10 to $9.30, while analysts'
estimate $9.12.