McKesson Could Surge On A Settlement [Seeking Alpha]
Cardinal Health, Inc. (CAH)
Last cardinal health, inc. earnings: 2/6 06:55 am
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Source: Seeking Alpha
McKesson Could Surge On A Settlement Summary McKesson's stock is up nearly 25% this year, the first sign of relief for shareholders in several years. The company's recent quarterly earnings were strong, with double-digit EPS growth. A potential settlement could be struck in the coming months with respect to the opioid crisis, relieving the stock of a key overhang. McKesson ( MCK Source: Forbes Reviewing Quarterly Earnings The company posted a solid quarter for revenue growth and non-diluted EPS saw strong double-digit growth at 14%. The company was able to raise full-year guidance, which I really don't want investors to take lightly. Given the heightened market risk the last couple of weeks with respect to trade disputes, tariffs, and general volatility with earnings season, this is quite a positive to see. The new full-year guidance calls for FY20 adjusted earnings to be $14-14.60 per diluted share. This is a modest increase from the prior guidance of $13.85-14.45/share. To break the
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CAH
News
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- Exclusive-Activist investor Ananym Capital pushes for changes at Henry Schein, sources say [Yahoo! Finance]Yahoo! Finance
CAH
Earnings
- 11/1/24 - Beat
CAH
Sec Filings
- 11/18/24 - Form 4
- 11/18/24 - Form 8-K
- 11/15/24 - Form 424B5
- CAH's page on the SEC website