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home / news releases / CAH - Cardinal Health Q3 Earnings: Undervalued On Strong Guidance

CAH - Cardinal Health Q3 Earnings: Undervalued On Strong Guidance

Cardinal Health Inc.

2024-05-03 05:20:32 ET

Summary

  • Cardinal Health reported Q3 earnings that beat EPS consensus and increased their FY24 guidance, particularly in the pharmaceutical segment.
  • The loss of the OptumRx contract is seen as a short-term blip with minimal long-term impact on the investment thesis.
  • The specialty business of Cardinal Health shows potential for growth even beyond current guidance.
  • DCF analysis suggests a price target of $128.

I am updating my previous analysis on Cardinal Health (CAH) in light of Q3 2024 earnings, which were released pre-market on Thursday, May 2nd....

For further details see:

Cardinal Health Q3 Earnings: Undervalued On Strong Guidance
Stock Information
Company Name: Cardinal Health Inc.
Stock Symbol: CAH
Market: NYSE
Website: cardinalhealth.com
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