Cardinal Health hits record high after lifting annual profit forecast

Cardinal Health

30/10/2025 15:00

Updates

** Shares of drug distributor Cardinal Health CAH.N rise as much as 17.1% to an all-time high of $194.99

 ** Co
raised
 its earnings forecast for fiscal 2026 to a range of $9.65 to $9.85 per share, up from its previous forecast of $9.30 to $9.50

** Co reports Q3 adj. profit of $2.55/share vs analysts' average estimate of $2.18/share – data compiled by LSEG

** CAH's quarterly revenue of $64.0 billion beats analysts' average expectation of $59.2 billion

** Including session's move, stock up ~65% YTD

(Reporting by Sahil Pandey in Bengaluru)

((Sahil.Pandey@thomsonreuters.com))