Cardinal Health Reports Q1 Fiscal 2027 Results, Raises Outlook
Cardinal Health reported revenue of $67.513 billion, up from $64.009 billion a year earlier. Adjusted earnings were $3.26 per share, and the company raised its fiscal 2027 adjusted earnings outlook to $12.80–$13.00 per share from $12.40–$12.60.
Cardinal Health, Inc. reported first-quarter fiscal 2027 revenue of $67.513 billion, an increase from $64.009 billion in the same period last year. The company posted GAAP earnings of $554 million, or $2.38 per share, and adjusted earnings of $759 million, or $3.26 per share, both of which surpassed FactSet consensus estimates. Driven by the strong quarterly performance, management raised its full-year 2027 adjusted earnings guidance to a range of $12.80 to $13.00 per share, up from the previous forecast of $12.40 to $12.60 per share.