Earnings Outlook For Cardinal Health

Cardinal Health CAH is set to give its latest quarterly earnings report on Friday, 2024-11-01. Here's what investors need to know before the announcement.

Analysts estimate that Cardinal Health will report an earnings per share (EPS) of $1.62.

The announcement from Cardinal Health is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings History Snapshot

During the last quarter, the company reported an EPS beat by $0.11, leading to a 1.46% increase in the share price on the subsequent day.

Here's a look at Cardinal Health's past performance and the resulting price change:

Stock Performance

Shares of Cardinal Health were trading at $107.89 as of October 30. Over the last 52-week period, shares are up 8.19%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Cardinal Health visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.