Cardinal Health shares are trading higher after the company reported better-than-expected Q1 financial results and raised FY24 adjusted EPS guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Cardinal Health reported better-than-expected Q1 financial results and raised its FY24 adjusted EPS guidance above estimates, leading to a rise in its share prices.
November 03, 2023 | 2:23 pm
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POSITIVE IMPACT
Cardinal Health's shares are trading higher due to better-than-expected Q1 results and raised FY24 EPS guidance.
Cardinal Health's better-than-expected Q1 results and raised FY24 EPS guidance are positive indicators of the company's performance and future prospects, which is likely to boost investor confidence and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100