Cardinal Health Q1 Adjusted EPS $1.73 Beats $1.41 Estimate, Sales $54.80B Beat $54.76B Estimate
Portfolio Pulse from Benzinga Newsdesk
Cardinal Health reported Q1 earnings of $1.73 per share, beating the analyst consensus estimate of $1.41 by 22.7%. This is a 44.17% increase over earnings of $1.20 per share from the same period last year. The company also reported quarterly sales of $54.80 billion, beating the analyst consensus estimate of $54.76 billion by 0.07%. This is a 10.48% increase over sales of $49.60 billion the same period last year.
November 03, 2023 | 10:57 am
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POSITIVE IMPACT
Cardinal Health's Q1 earnings and sales beat estimates, with a significant YoY increase in both. This could potentially lead to a positive short-term impact on the stock.
Cardinal Health's earnings and sales for Q1 have exceeded analyst estimates, with a significant year-on-year increase in both. This positive financial performance could potentially lead to increased investor confidence and a short-term positive impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100