WASHINGTON (dpa-AFX) - Cardinal Health Inc (CAH) revealed a profit for its second quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $400 million, or $1.65 per share. This compares with $368 million, or $1.50 per share, last year.
Excluding items, Cardinal Health Inc reported adjusted earnings of $468 million or $1.93 per share for the period.
Analysts on average had expected the company to earn $1.76 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 3.7% to $55.3 million from $57.4 million last year.
Cardinal Health Inc earnings at a glance (GAAP) :
-Earnings: $400 Mln. vs. $368 Mln. last year. -EPS: $1.65 vs. $1.50 last year. -Revenue: $55.3 Mln vs. $57.4 Mln last year.
-Guidance: Full year EPS guidance: $7.85 to $8.00
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