Cardinal Health prepares to release quarterly earnings with analysts expecting $1.62 per share

Cardinal Health will release its quarterly earnings report on November 1, 2024. Analysts expect the company to report earnings per share of $1.62. Investors are looking for results that exceed estimates and positive guidance for the next quarter. In the previous quarter, Cardinal Health reported an earnings per share of $1.84, beating estimates by $0.11. This led to a 1.46% increase in share price the following day. As of October 30, Cardinal Health shares were trading at $107.89, up 8.19% over the past year. Long-term shareholders appear optimistic ahead of the upcoming earnings announcement.