Cardinal Health Likely To Post Higher Q4 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Cardinal Health, Inc. (NYSE:CAH) is expected to report higher Q4 earnings at $1.49 per share, up from $1.05 per share a year ago. The company's revenue is projected to be $52.72 billion, compared to $47.1 billion in the year-ago period. Several analysts have recently adjusted their price targets for the company, with the most recent targets ranging from $90 to $97.
August 15, 2023 | 7:18 am
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Cardinal Health is expected to report higher Q4 earnings and revenue. Analysts have adjusted their price targets, indicating a positive outlook for the company.
The expected increase in earnings and revenue for Cardinal Health indicates a positive financial performance. This, coupled with the recent adjustments in price targets by analysts, suggests a positive short-term impact on the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100