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Cardinal Health's Fiscal Q1 Non-GAAP Earnings Rise, Revenue Falls; Fiscal 2025 Adjusted EPS Guidance Lifted
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Cardinal Health's Fiscal Q1 Non-GAAP Earnings Rise, Revenue Falls; Fiscal 2025 Adjusted EPS Guidance Lifted
Nov 4, 2024 11:57 AM

07:18 AM EDT, 11/01/2024 (MT Newswires) -- Cardinal Health ( CAH ) reported fiscal Q1 non-GAAP earnings Friday of $1.88 per diluted share, up from $1.72 a year earlier.

Analysts polled by Capital IQ expected $1.62.

Revenue for the quarter ended Sept. 30 was $52.28 billion, down from $54.65 billion a year earlier.

Analysts surveyed by Capital IQ expected $50.82 billion.

For fiscal 2025, the company said it now expects non-GAAP diluted EPS in the range of $7.75 to $7.90, up from its prior outlook of $7.55 to $7.70. Analysts polled by Capital IQ expect $7.63.

Shares of Cardinal Health ( CAH ) were up more than 3% in recent premarket activity.

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