Earnings Outlook For Cardinal Health
Portfolio Pulse from Benzinga Insights
Cardinal Health (NYSE:CAH) is set to release its latest quarterly earnings report on November 3, 2023. Analysts estimate an earnings per share (EPS) of $1.41. The company's past performance shows it beat EPS estimates last quarter, which was followed by a slight drop in share price. Shares of Cardinal Health were trading at $93.58 as of November 1, with a 15.47% increase over the last 52-week period.
November 02, 2023 | 2:01 pm
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Cardinal Health is expected to report an EPS of $1.41 in its upcoming earnings. The company's stock price may be influenced by the earnings report and any guidance provided.
The upcoming earnings report is a significant event for Cardinal Health. The company's past performance shows it has the potential to beat EPS estimates, which could positively impact the stock price. However, the stock price dropped slightly after the last earnings beat, indicating that other factors, such as guidance, may also significantly influence the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100