Apex Trader Funding - News
Pharma Distribution Giant Cardinal Health Lifts 2025 Guidance After Q4 Earnings Beat, Raises Stock Buyback Expectation By $250M
Wednesday, Cardinal Health Inc (NYSE:CAH) reported fourth-quarter 2024 adjusted EPS of $1.84, up 29% year over year, beating the consensus of $1.73.
Cardinal Health is a distributor of pharmaceuticals, a manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for healthcare facilities.
Sales increased 12% to $59.87 billion, beating the consensus of $58.64 billion.
The pharmaceutical segment revenue increased 12% to $55.6 billion, driven by brand and specialty pharmaceutical sales growth from existing customers.
Also Read: Drug Distributing Giant Cardinal Health Will Not ...