Recap: Cardinal Health Q2 Earnings


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


 

Cardinal Health (NYSE:CAH) reported its Q2 earnings results on Thursday, February 3, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

Also check out this: Insiders Buying Charter Communications And 3 More Stocks

Earnings

Cardinal Health beat estimated earnings by 3.25%, reporting an EPS of $1.27 versus an estimate of $1.23, which did not surprise analysts.

Revenue was up $3.92 billion from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04, which was followed by a 1.99% increase in the share price the next day.

Here's a look at Cardinal Health's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.33 1.20 1.55 1.44
EPS Actual 1.29 0.77 1.53 1.74
Revenue Estimate 41.93B 40.43B 40.09B 41.44B
Revenue Actual 43.97B 42.59B 39.27B 41.54B

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: EarningsNewsBZI-Recaps