Cardinal Health rises after forecasting annual profit above estimates

Cardinal Health

11/08/2026 12:06

** Shares of drug distributor Cardinal Health CAH.N rise 5% to $248.91 premarket
** Co sees annual adjusted profit of $12.40-$12.60/shr vs analysts' average estimate of $12.04/shr — LSEG data
** Co reports Q4 adj. profit of $2.91/shr vs analysts' average estimate of $2.42/shr — LSEG data
** Co's quarterly revenue of $63.70 billion misses analysts' average expectation of $65.03 billion
** As of last close, stock up ~16% YTD
  

 (Reporting by Sahil Pandey in Bengaluru)
 ((Sahil.Pandey@thomsonreuters.com))