The highly anticipated financial results for the first quarter of Cardinal Health (NYSE: CAH) are scheduled to be disclosed on Friday 1st November 2024. This important update will be made available before market open, providing investors and market participants with key information regarding the company's financial status.
The latest projections from financial analysts on Wall Street suggest that the establishment is likely to reveal an estimated $1.62 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $50.9 billion for the period.
Analysts forecasting the company's performance for this year have been made public. The estimated total revenue is about $216.66 billion. They also predict that throughout the course of the fiscal year, the business will make about profit of $7.63 per share.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $1.73. Moreover, the company generated a total revenue of $54.76 billion during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q4 2024 | $1.84 | +18.7% | 59.87 B | +12.0% |
| Q3 2024 | $2.08 | +19.5% | 54.91 B | +8.8% |
| Q2 2024 | $1.82 | +37.9% | 57.45 B | +11.6% |
| Q1 2024 | $1.73 | +44.2% | 54.76 B | +10.4% |
| Q4 2023 | $1.55 | +47.6% | 53.45 B | +13.5% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 1st November 2024 at 08:30 AM eastern time to review the Q1 2025 financial results.
Cardinal Health (CAH) shares experienced a range of $106.98 to $109.90 on a day volume of 2.11 million shares. The stock closed Wednesday's regular trading session at $107.89, demonstrating a 1.97 percent downfall.
