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Cardinal Health Updates FY24 Non-GAAP EPS Guidance To High End Of Range

Por: RTTNews Health January 09, 2024

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Cardinal Health () updated fiscal 2024 non-GAAP EPS guidance to the high end of $6.75 to $7.00 range. The company said the update is driven by anticipated favorability in fiscal 24 Interest and Other and Diluted Weighted Average Shares Outstanding, due to continued strong cash flow generation, resulting in higher-than-expected cash balances, and the execution of a new $250 million accelerated share repurchase program in the second quarter. Also,... + full article



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