×
0 0 0 0 0 -0.00897810218978095 -0.000437956204379579 -0.00708029197080291
Stockreport

UPDATE 2-Cardinal Health beats profit estimates on acquisition, raises forecast [Reuters]

Cardinal Health, Inc (CAH)  More Company Research Source: Reuters
Last cardinal health, inc earnings: 11/8 06:55 am Check Earnings Report
US:NYSE Investor Relations: ir.cardinalhealth.com/home
PDF Cardinal Health beats profit estimates on acquisition, raises forecast | Reuters Reuters Staff 2 Min Read (Reuters) - Cardinal Health ( CAH.N ) reported a better-than-expected quarterly profit as its purchase of Medtronic Plc’s ( MDT.N ) patient recovery business started to pay off, and the drug distributor raised its fiscal 2018 adjusted profit forecast. The company’s medical unit, which absorbed the Medtronic business, posted a 19 percent jump in quarterly revenue to $4 billion as it sold more branded medical and surgical products. However, quarterly profit in Cardinal’s largest business, the pharmaceuticals unit that distributes generic and branded drugs, fell 4 percent to $514 million, hurt partly by the performance of its generic drug program. A steep decline in prices of generic drugs has hurt the pharmaceutical supply chain in the past few quarters but rivals McKesson Corp ( MCK.N ) and AmerisourceBergen Corp ( ABC.N ) have said that prices have started to stabilize. Ne [Read more]

IMPACT SNAPSHOT EVENT TIME: CAH
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
CAH alerts
from News Quantified
Opt-in for
CAH alerts

from News Quantified
Opt-in for
CAH alerts

from News Quantified