Investing.com - Cardinal Health (NYSE:CAH) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Cardinal Health announced earnings per share of $1.04 on revenue of $36.69B. Analysts polled by Investing.com anticipated EPS of $0.88 on revenue of $36.79B.
Cardinal Health shares are up 13% from the beginning of the year and are trading at $57.60 , down-from-52-week-high.They are outperforming the S&P 500 which is up 3% from the start of the year.
Cardinal Health follows other major Healthcare sector earnings this month
Cardinal Health's report follows an earnings beat by J&J on Thursday, July 16, 2020, who reported EPS of $1.67 on revenue of $18.34B, compared to forecasts EPS of $1.49 on revenue of $17.61B.
Roche Holding ADR had beat expectations on Thursday, July 23, 2020 with second quarter EPS of $1.45 on revenue of $15.27B, compared to forecast for EPS of $1.42 on revenue of $15.43B.
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