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Cardinal Health Bolts Out Of A Buy Zone Despite Mixed Earnings. Here's Why.

Cardinal Health Bolts Out Of A Buy Zone Despite Mixed Earnings. Here's Why. | EN590 Commodities Group
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Cardinal Health Bolts Out Of A Buy Zone Despite Mixed Earnings. Here's Why.

2026-08-11T12:58:05+00:00
Source: finance.yahoo.com
EN590 COMMODITIES GROUP

Cardinal Health (CAH) stock bolted out of a buy zone Tuesday after the medical wholesaler's fiscal 2027 profit guidance handily beat Wall Street's expectations.

For the year, Cardinal guided to adjusted earnings of $12.40 to $12.60 per share.

"We think the guidance NEEDED to come in above consensus of ~$12.05 and, even with the higher base, it comfortably did, with… Copyright ©2026 Investor's Business Daily, LLC.

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NPK 16-16-16$460/MT -0.28%
Nat Gas TTF$15.42/MMBtu +0.92%
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