Cardinal Health gains on CVS distribution deal extension

Cardinal Health

01/10/2026 14:46

** Healthcare services company Cardinal Health CAH.N gains 3.8% to $231.13 
** Co enters binding letter of intent to extend pharmaceutical distribution agreements with healthcare company CVS Health CVS.N through June 2032
** The deal maintains CAH's existing distribution services for CVS Health
** Co reaffirms fiscal 2027 adj. EPS growth of 13%-15%, with a forecast of $12.40-$12.60 per share
** CAH also reaffirms its long-term adjusted EPS growth target of 12%-14%
** CAH shares up nearly 14% YTD 

 (Reporting by Jayasree Prabhu)
 ((jayasree.prabhu@thomsonreuters.com))