Investing.com -- Cardinal Health (NYSE:CAH), a major healthcare services and products company, has updated its full-year adjusted earnings per share (EPS) forecast. The company now anticipates its non-GAAP EPS for the fiscal year 2025 to be at the high end of its previously projected range of $7.75 to $7.90. The consensus estimate stands at $7.84.
Shares gained 1% in US pre-market trade.
The revision in the company's earnings forecast is primarily driven by continued strength within the Pharmaceutical (TADAWUL:2070) and Specialty Solutions segment of the business. The company's new earnings outlook indicates a positive performance trend in this segment.
In addition to its updated earnings forecast, Cardinal Health announced that it will be presenting at the JPMorgan (NYSE:JPM) Annual Healthcare Conference.
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