Investing.com - Cardinal Health (NYSE:CAH) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cardinal Health announced earnings per share of $1.74 on revenue of $41.54B. Analysts polled by Investing.com anticipated EPS of $1.44 on revenue of $41.44B.
Cardinal Health shares are up 4% from the beginning of the year and are trading at $55.98 , down-from-52-week-high.They are outperforming the S&P 500 which is up 3.08% 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 Tuesday, January 26, 2021, who reported EPS of $1.86 on revenue of $22.48B, compared to forecasts EPS of $1.82 on revenue of $21.66B.
Roche Holding ADR had missed expectations on Monday with fourth quarter EPS of $1.21 on revenue of $15.88B, compared to forecast for EPS of $1.28 on revenue of $17.17B.
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