Profile
Sector:
HealthcareIndustry:
Medical DistributionCountry:
United StatesIPO:
04 August 1983Website:
http://www.cardinalhealth.comNext earnings report:
31 January 2025Last dividends:
01 October 2024Next dividends:
02 January 2025Price
regular market | 1 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
CAH Latest News
Cardinal Health launches the next generation of the Kendall Compression Series, Kendall SCD SmartFlow Compression System, to aid pain relating to venous stasis.
Cardinal Health, Inc. (NYSE:CAH) will be participating in the UBS Global Healthcare Conference on November 12, 2024, at 11:00 AM ET. The company representatives include Matt Sims, Vice President of Investor Relations, and Aaron Alt, Chief Financial Officer. Kevin Caliendo from UBS will be hosting the call.
CAH has announced two important acquisitions to enhance its multi-specialty and at-home solutions sectors. These moves aim to improve their services and offerings.
This is a comparison of how Cardinal Health (CAH) and Adaptive Biotechnologies (ADPT) have done in relation to their industry this year.
Cardinal Health has announced its plans to acquire a majority stake in GI Alliance, a top gastroenterology management services organization, to boost its growth strategy in multiple specialties. Additionally, the company will acquire the Advanced Diabetes Supply Group, a major provider of diabetes supplies directly to patients, to support its at-Home Solutions growth strategy. Cardinal Health also revealed plans to hold an Investor Day in June 2025.
Dublin, Ohio, November 5, 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) has announced that its Board of Directors has approved a quarterly dividend of $0.5056 per share from the Company's capital surplus. This dividend will be paid on January 15, 2025, to shareholders who are on record as of the end of business on January 2, 2025.
On Friday, Cardinal Health (CAH) shares reached a record high during the day after the healthcare products company reported results that exceeded expectations and improved its forecast, despite facing financial losses from the conclusion of a major contract.
In the first quarter of fiscal 2025, Cardinal Health saw strong growth in its Pharmaceutical and Specialty Solutions sectors. However, the expiration of the OptumRx contract negatively impacted sales.
Cardinal Health (CAH) reported quarterly earnings of $1.88 per share, which is higher than the Zacks Consensus Estimate of $1.64 per share. This is an increase compared to earnings of $1.73 per share from the same period last year.
On Friday, Cardinal Health increased its profit forecast for 2025 due to high demand for expensive specialty and branded medications, which boosted sales in its pharmaceuticals division. As a result, the company's shares rose by almost 4% in premarket trading.
What type of business is Cardinal Health?
Cardinal Health, Inc. is an American globally integrated company that provides medical services and products, as well as pharmaceuticals. It was founded in 1971 as a wholesale food seller and later shifted its focus to the distribution of medical products. It is headquartered in Dublin, Ohio. The pharmaceutical segment distributes branded and non-patented pharmaceutical products in the US, specialized pharmaceutical products, as well as over-the-counter medical and consumer goods. The medical segment manufactures, supplies, and distributes medical, surgical, and laboratory products under the Cardinal Health brand in the US, Canada, Europe, Asia, and other markets.
What sector is Cardinal Health in?
Cardinal Health is in the Healthcare sector
What industry is Cardinal Health in?
Cardinal Health is in the Medical Distribution industry
What country is Cardinal Health from?
Cardinal Health is headquartered in United States
When did Cardinal Health go public?
Cardinal Health initial public offering (IPO) was on 04 August 1983
What is Cardinal Health website?
https://www.cardinalhealth.com
Is Cardinal Health in the S&P 500?
Yes, Cardinal Health is included in the S&P 500 index
Is Cardinal Health in the NASDAQ 100?
No, Cardinal Health is not included in the NASDAQ 100 index
Is Cardinal Health in the Dow Jones?
No, Cardinal Health is not included in the Dow Jones index
When was Cardinal Health the previous earnings report?
No data
When does Cardinal Health earnings report?
The next expected earnings date for Cardinal Health is 31 January 2025